Multi-frack technology pays offZiff Energy: Horizontal wells slash cost of new gas in Western Canada by 45%; supports arguments vertical drilling being overtaken Gary Park For Petroleum News Bakken
Multi-fracture horizontal technology, which analysts increasingly view as the future of oil and natural gas drilling, is credited with a dramatic reduction in finding and development costs for gas in Western Canada, according to Ziff Energy Group’s annual F&D study.
But that has to be measured agai....
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The opposing view More reserves per well More capital required
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