Marking milestones

03/31/2014
It's said that March comes in like a lion and goes out like a lamb. While that may be the case most years—and most definitely was the case this year, if one considers the weather in Houston alone—this particular March marked a few milestones for the oil and gas industry worth noting here. One milestone marked a paradigm-shifting achievement in drilling technology, while the other, a hapless, tragic environmental failure. Marking milestones is important in both cases since industry will never progress without improving its technology, and it will never improve its technology without learning just what will not work. Fracing's birthday cards? Mar. 17 marked the 65th anniversary of the first...
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