Railroad Commissioner Ryan Sitton Discusses Innovative Disruption in EnergyMay 24, 2017
AUSTIN – Railroad Commissioner Ryan Sitton met with 100 senior level oil and gas executives in Houston yesterday for An Energy Evening hosted by KCA, a business consultancy serving energy, technology and legal clients.
New technology and drilling techniques in Texas shale plays have led to a dramatic increase in Texas production, forcing OPEC to cut production and disrupting the global supply and demand balance. In light of these developments, Sitton discussed “Innovative Disruption in Energy,” and its impact on the market, investments and infrastructure.
“After 25 years of viewing oil and gas as just another commodity, we need to begin thinking differently about the role energy plays in the world,” Sitton said.
“Texas energy production, and the innovation of our drillers, has the ability to disrupt the global market, secure our economic growth and national security, and place the U.S. in a position of energy dominance.”
Ryan Sitton was elected to the Railroad Commission in 2014 and is the first engineer to serve on the Commission in 50 years. Sitton is one of the world’s leading energy experts and founded PinnacleART, an engineering and technology company focused on reliability and integrity programs for the oil, gas, and petrochemical, mining, pharmaceutical, and wastewater industries. As Railroad Commissioner, Sitton uses his technical expertise and business experience to make decisions for the state that are based on sound science and employs a fiscally conservative approach to prioritize the agency’s efforts.
About the Railroad Commission:
Our mission is to serve Texas by our stewardship of natural resources and the environment, our concern for personal and community safety, and our support of enhanced development and economic vitality for the benefit of Texans. The Commission has a long and proud history of service to both Texas and to the nation, including almost 100 years regulating the oil and gas industry. The Commission also has jurisdiction over alternative fuels safety, natural gas utilities, surface mining and intrastate pipelines. Established in 1891, the Railroad Commission of Texas is the oldest regulatory agency in the state. To learn more, please visit http://www.rrc.texas.gov/about-us/.