Saturday 20 August 2016

John Henry Petroleum Drives the Oil and Gas Industry

John Henry Petroleum was founded in 1995 as a wholly independent exploration and production company by two former industry executives who wanted to bring the entire oil and gas industry into the modern age. They have done that for two decades by attempting to discover, develop and better implement many innovative exploration and drilling technologies. They believe that making oil and gas production more efficient makes it more profitable for everyone and they have certainly shown that.

From the beginning, John Henry Petroleum's business strategy has been included moving their industry forward and encouraging them to maximize oil and gas production. Their approach has helped the industry in the United States, as well as around the world.

Not only has John Henry Petroleum increased their own profitability, but they have led the way when it comes to encouraging further innovation. They have generated solid growth in both net production volumes and net proved reserves, while simultaneously improving actual production and keeping their costs low. Their exploration and extraction methods are state of the art, which means they are better able to focus drilling in the most prolific areas, which makes them more profitable.