• Industry News

    The Digital Oilfield & Its Data

    The world’s appetite for oil & gas is one that will never be quenched. So new sources of oil and gas must be found and tapped to help the industry find the supply that meets the demand.

    Of the small amount of crude oil directly consumed in the United States, nearly all is refined into petroleum products such as gasoline, diesel fuel, heating oil, and jet fuel, which are then consumed. Liquids produced from natural gas processing are also consumed as petroleum products. Renewable biofuels, such as ethanol and biodiesel, can be used as a substitute for or an additive to refined petroleum products.