Oil technology lowers costs, improves processes

12/2/2013 | Oklahoman (Oklahoma City), The

Equip Advantage is hoping its technology will change the way business runs in the oil industry -- especially to lower costs. "Increased safety, reduced environmental footprint and reduced costs are the three things being tackled with the different technologies," said Trey Lewis, coordinator for Sustaining Oklahoma's Energy Resources, which formerly was known as the Oklahoma Marginal Well Commission. The technology can track field equipment, capture and sell natural gas that would have otherwise been vented into the atmosphere, and automate work processes.

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Oklahoman (Oklahoma City), The

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