Oil & Gas

White Paper: Oil & Gas Industry - Seven quick wins to lower costs and accelerate revenue

Take a look at the White Paper by our Silver Sponsor Oracle

The sharp decline in oil prices that began in 2014 left oil executives in a free fall with oil prices hitting a five-year low in early 2015 when the price of Brent crude temporarily fell below $50 per barrel for the first time since May 2009, marking a 53% drop in just six months.

The stomach-churning fall left oil executives scrambling to control huge losses of more than $100 billion in annualized revenue for U.S. producers.

By the end of April 2015, crude oil prices still hovered in the $50 per barrel range. The freefall had ended, but the landing was far from reassuring.

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North America Oil & Gas

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