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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

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billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally. Merged with Texaco in 2001, solidifying its position as one of the worlds energy giants. million barrels of oil equivalent by 2005. shale revolution. Production in the U.S.

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