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Posts Tagged ‘rig’

Shale Plays Transforming US Onshore Rig Fleet

Six or seven years ago, only 10% of oil rigs in the United States were used to drill horizontal wellbores.  Now, more than 60% of oil and gas projects require horizontal drilling.  Why?  The U.S. oil and gas industry is trending towards shale and other unconventional resources – and wells reaching these resources are drilled…

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