1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2
Rextag
DECEMBER 18, 2024
Technology Takes Hold: The introduction of hydraulic fracturing and horizontal drilling unlocked resources once deemed inaccessible, enabling recovery rates 30% higher than traditional methods. accounted for25% of Chevrons total output, with a focus on natural gas. By 2005, analysts predicted the Bakken contained 4.3
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