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Many of us are working remotely now, which generally means we are in our homes in makeshift cubicles or an office setup. Among the faces supporting the industry are another group of remote workers: the offshore and onshore personnel working in remote locations around the world.

The video features some of the leaders who helped the nation respond to the event.

University of Houston Energy asked 408 industry workers to gauge their companies’ response to the global pandemic and economic downturn.

On 20 April 2010, a blowout on the Deepwater Horizon, drilling at the Macondo prospect in the Gulf of Mexico, killed 11 crew and caused a major oil spill. The accident and spill forever changed the industry.

Halliburton and Schlumberger write-off billions in asset value and signal that more job cuts are coming during the second quarter.

No company or organization could have predicted our industry would be facing a viral pandemic, coupled with oil prices at their lowest levels in almost 2 decades. This is a time to put our heads together and come up with a new plan. This is what oil and gas does best.

It has now been nearly 3 months since the one-two punches of an unprecedented modern-day pandemic and a free fall in oil prices due to the oversupply of oil resulting from a tremendous, sudden drop in demand.

The savings result in part from the depreciation of global currencies against the US dollar, as most operating expenses in oil and gas production are realized in local currencies. Brazil leads in savings.

Shut-ins and planned production cuts have not affected crude prices, say industry experts.“It’s like trying to explain something that is unprecedented and seemingly unreal."

Cutbacks in oil and gas production and drilling and completions will result in a decrease in produced water and will also lead to a reduction in water infrastructure investment.