SPOC Automation Inc., a tech company serving both the upstream and midstream segments of the oil and gas industry, is sharing its knowledge of the automation technology sector through a series of complementary training videos called “Two-minute Drives.”
In this interview, SPOC Automation CEO and President Bobby Mason and Vice President Ted Wilke discuss the evolution behind the video series and the importance of automation in the industry at this time, in particular.
“Fundamentally, it is the way the industry has got to go. If it doesn’t move toward more automation, they are going to cease to exist,” Mason said.
Joining Mason and Wilke for the discussion is Hart Energy’s Jessica Morales and E&P Executive Editor Jennifer Presley.
For information on the SPOC Automation video series visit SPOCAutomation.com.
The deal would create the largest pure-play northern Midland Basin E&P with a 73,000-net-acre position and 12,000 boe/d of production that is expected to more than double through 2020.
The March 20 lease sale in the U.S. Gulf of Mexico brought in $244.3 million in high bids.
In an unpredictable market, newly minted E&Ps have abandoned the old models of building ready-to-drill assets and instead are forging ahead with new models, operating strategies and leaders.