11182019Mon
Last updateMon, 18 Nov 2019 9pm

End-User News

Fracked Wells Account for Most New Oil & Natural Gas Wells

In 2016, hydraulically fractured horizontal wells accounted for 69% of all oil and natural gas wells drilled in the U.S. 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 U.S, which are both expected to reach record levels in 2018. 

Subscribe FALL19FREE SUBSCRIPTION*

• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products