September 2012
Columns
Innovative thinkers
The oil and gas business is built on hits and misses. No major discovery was found with just one exploration well, a mental frame of mind that is familiar to Jim Henry, founder and CEO of Henry Petroleum and Henry Resources. Throughout 40-plus years of drilling in the Permian basin and experimenting with new fracturing techniques, Henry’s patience has certainly paid off. His discovery of Wolfberry field has brought the Permian basin back into the news with an estimated 3-billion-bbl play.
