More than 80 percent of oil and gas well completions in the United States were horizontal or directional in 2021, and although the total number of completed wells has fallen since 2010, U.S. crude oil production has more than doubled thanks to horizontal drilling, the Energy Information Administration (EIA) said on Thursday.
Last year, 81 percent of completed wells in the oil and gas industry were horizontal or directional, compared to just 19 percent of completed vertical wells, the EIA found in its recently added data series on crude oil and…EIA: U.S. Crude Production Doubled Since 2010 Because Of Horizontal Wells
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