What has changed over time is the methods of getting out of the ground in a profitable manner. Most people never see it in PA, but there are still a lot or old, I mean old, wells that still produce .. I am not talking about great quantities, but enough to keep pumping. With horizontal drilling (newer) and fracking (not new) it is amazing what can come out of the ground. What is even more amazing is what can come out of new ground ... Stuff that has been cut off from exploration by liberals and echo wackos for decades.
Some of the new oil from ‘old ground’ is simply economically feasible because of technological developments. For instance, we knew there was oil in the Bakken, and it had even been produced in some locations where the geology was just right for doing so. However, the refinement of horizontal drilling and fracking techniques made the boom happen. There was a lot of experimentation along the way, believe me, and the innovation will continue.