• Drilling for Oil in the 21st Century

    In the 1950s, drilling for hydrocarbons using traditional methods carried a 50/50 risk, and even “successful” wells (oil or gas found) were often commercially impractical. That reality has changed over the past twenty years. Advancements in technology and geophysical studies have transformed soft speculation into real, hard science. The U.S. Department of Energy describes the […]