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John Henry Petroleum – Innovation in Oil and Gas Production

April 22, 2016
John Henry Petroleum has always featured an entrepreneurial spirit. From its humble beginnings in the 1990s, when it was formed by two former oil and gas executives, John Henry Petroleum has always been one of the more forward-thinking oil and gas companies, not just in the United States, but throughout the world. Theyhave become leaders in the oil and gas industry and they have been able to stimulate further innovation by using their focus on technological advances in their search for oil and gas reserves.  By applying and finding better uses for all sorts of emerging technologies, such as 3D seismic imaging and new deviated and horizontal drilling technologies, the production of oil and gas becomes more efficient and more profitable.

Much of the company's past focus was on finding better techniques exploration, so they now have a large inventory of proven oil and gas production trends. That has allowed them the ability to leverage their inventory to transform them a very successful oil production company.  Over the years, John Henry Petroleum has been able to generate strong and steady growth when it comes to net production volumes, as well as in proved reserves. The best part is, they have been able to do all of this through their ability to both increase production and keep their costs under control.

The future looks bright for John Henry Petroleum. Their innovative methods for exploring and extracting oil and natural gas allow them to increase their money-making ability through focused drilling in only the most oil-and-gas-rich areas in the prospect inventory in their project portfolio.

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