With a drilling industry begun in the mid-1800s and modifications to its decades-old oil and gas law in place, Ohio is well prepared for the kind of shale industry growth that has to varying degrees overwhelmed other states, according to Ohio Oil & Gas Association (OOGA) Executive Vice President Tom Stewart.
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Schlumberger CEO: Liquids-Rich Drilling May Peak in 2011
Renewed vigor to tap into North America’s shales helped Schlumberger Ltd. to more than double its quarterly earnings, the oilfield services giant said Friday.
October 25, 2010