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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Future Technologies to open Permian office to build communications networks

June 4, 2024 by PBOG

Suwanee, Ga.-based Future Technologies Venture said recently it will open an office in Midland in 2Q to serve the oil and gas industry in Permian Basin.  “This is a dynamic industry in a dynamic environment,” Valerie Sciortino, head of site development for Future Technologies, said.  “Having more immediate access to our clients and their real property and assets will have a great impact on how we scale and deliver to our partnerships.”

A branch manager will direct a staff of communication technicians, fiber technicians and other team members.  Services will include ground and tower construction, broadband installation, and tower and ground audits to build communications networks for industry.

Pete Cappiello, CEO, told the Midland Reporter Telegram the company designs, builds and provides wireless and wired equipment at energy production sites.  These networks connect field workers with their offices and facilitate automation in the “digital oilfield.”  Dave Rumore, chief revenue officer, added, “We see major drilling sites as not just drilling sites.  They’ve become communications hubs.  With the vast distances (in the Permian Basin), you can’t have people driving from site to site.”

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