Remove 2001 Remove Hydraulic Fracturing Remove Operator
article thumbnail

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

Rextag

Technology Takes Hold: The introduction of hydraulic fracturing and horizontal drilling unlocked resources once deemed inaccessible, enabling recovery rates 30% higher than traditional methods. Merged with Texaco in 2001, solidifying its position as one of the worlds energy giants. shale revolution. Production in the U.S.

Oil 52