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re: George Mitchell, A Great Aggie and American Pioneer Has Passed
Posted on 7/26/13 at 2:17 pm to ShaneTheLegLechler
Posted on 7/26/13 at 2:17 pm to ShaneTheLegLechler
quote:
George Mitchell, Texas oil man, real estate developer, and one of Houston's wealthiest businessmen, died Friday at his home in Galveston, a spokeswoman said. He was 94. The son of a poor Greek immigrant, Mitchell had an uncanny knack for finding oil. During his career, he participated in drilling some 8,000 wells, including more than 1,000 wildcats. He was a pioneer in the technology of hydraulic fracturing and horizontal drilling, using it to tap oil and gas in the Barnett Shale of North Texas in the 1980s and 1990s. The process launched a revolution in U.S. energy, and prompted international environmental debate.
He wasn't ever filthy rich until the 90s when this boomed and he was in his later 60s or early 70s. I guess it pays to never stop working.
Posted on 7/26/13 at 2:51 pm to TeLeFaWx
That plus the sale of the Woodlands development corp was probably cash money in the bank
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