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Energy companies look to tech to make oil production easier and cheaper

By Travis Bubenik at Marketplace.org

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Jack Gregg with tech company Honeywell shows me around a sort of new car showroom for companies shopping for “smart” oilfield gear. The energy industry is increasingly investing in ways to make oil production easier and cheaper. Companies are using cloud technologies and mobile devices. The time-consuming work of driving out to a field to check on equipment can now be done from afar.

Honeywell builds high-definition, touch-screen control boards to help make that possible.

“We can actually control processes from inside an office building downtown, and the actual process could be hundreds of miles away in a remote location,” Gregg said.

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Written By Travis Bubenik at Marketplace.org

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