Presenters
George H. Neil, The Western Company
Progress is essential to survival. In no other industry is this more pronounced than in the oil industry. With reserves becoming harder and harder to find, we must continually strive to increase out efficiency in recovering oil from known reserves in order to maintain an adequate oil supply to meet future demands. Increasing out efficiency is important for other reasons too; one reason, perhaps closer to home, is to reduce production costs. Operating companies and service companies are constantly trying new processes and techniques, sometimes with success, sometimes without. But the knowledge gained from each attempt supplies the information which is the basis for future progress.