UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
US gas well completions fall
Estimated US natural gas well completions decreased 70% in 1Q2016 compared to a year ago, according to API’s quarterly well completion report. Exploratory oil completions fell 90% compared to 1Q2015 estimates. The total feet drilled decreased 73%, with the largest decrease seen in the footage of exploratory wells.
News Item details
Journal title: Petroleum Review
Subjects: Banking, finance and investment, Gas markets, Oil markets, Natural gas, Oil and gas, Gas wells, Onshore exploration