The oil and gas industry has a long track record of making its operations cleaner and more efficient. By unleashing information technology, data analytics, and related cloud storage throughout operations, progress can be accelerated in these areas. This will benefit the companies while leading to major reductions in emissions. The environmental improvements will include more targeted and accurate drilling; quicker spotting of leaks; and enhanced cybersecurity protection which lessens the risks of spills, leaks, and explosions. Lexington Institute’s Paul Steidler discusses these matters here.
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