By discovering and learning how to implement the best technologies available to the search for oil and gas, John Henry Petroleum has made oil and gas production far more efficient and profitable, which is always the key to profitability and overall financial health over a long period of time. One difference with JHP, however, is their tendency to share. By sharing these technologies and the best techniques for using them, they have been able to stimulate further innovation, which helps the entire oil and gas industry.
In the two decades-plus since their founding by two former industry executives who were somewhat frustrated with the industry’s inability to move forward, John Henry Petroleum has shown itself to be among the more forward-thinking oil and gas industry leaders in the United States and the world. Due to their ability to use new technologies tot their best effect, JHP has generated strong and steady growth in both net production volumes and in net proved reserves, by both increasing production and keeping all of their costs under control.