As the industry climbed out of the 2008-2009 recession, drilling technology experienced continuous growth. By all accounts, 2010 was a better year for oil and gas than the two preceding it. While prices remained stable, technology did not stand still. Despite the lag in activity due to the financial crisis and the hyphenated activity in the Gulf of Mexico following the Deepwater Horizon incident, the industry managed to set records this year with the benefit of new technology.
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