Hydraulically fractured horizontal wells account for most new oil and natural gas wells
- Safi Bello
- Jan 30, 2018
- 1 min read
U.S. Energy Information Administration ---------- In 2016, hydraulically fractured horizontal wells accounted for 69% of all oil and natural gas wells drilled in the United States and 83% of the total linear footage drilled. The combination of horizontal drilling and hydraulic fracturing has increased the rate of recent U.S. crude oil, lease condensate, and natural gas production.Hydraulically fractured horizontal wells became the predominant method of new U.S. crude oil and natural gas development in October 2011, when total footage (in linear feet) surpassed all other drilling and completion techniques. The combination of horizontal drilling and hydraulically fracturing has contributed to increases in crude oil and natural gas production in the United States, which are both expected to reach record levels in 2018. To learn more click on the picture below to read the article.
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