George P Mitchell
- Category : Business-Entrepreneur
- Type : MGE
- Profile : 6/2 - Role Model / Hermit
- Definition : Single
- Incarnation Cross : LAX Uncertainty 1
American businessman, real estate developer and philanthropist from Texas credited with pioneering the economic extraction of shale gas. George Mitchell was born to Greek immigrant parents in the port city of Galveston, Texas in 1919. He earned a degree from Texas A&M University, graduating first in his class in petroleum engineering. He started an independent oil and gas company, Mitchell Energy & Development Corp. and built it into a Fortune 500 company. He participated in the development of about 10,000 wells, including more than 1000 wildcat wells.
In the 1980s and 1990s, the company pioneered new technology for horizontal drilling of natural gas. This technique, combined with hydraulic fracturing of rock, makes it possible to economically extract natural gas from shale rock formations. The new approach has been widely adopted by the gas industry and spawned a new gas boom in North America.
Mitchell died on 26 July 2013, at his home in Galveston, Texas aged 94 of natural causes, while surrounded by relatives.