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Wells drilled since start of 2014 provided nearly half of Lower 48 oil production in 2015

U.S. crude oil production from the Lower 48 states from new wells (drilled since the start of 2014) made up 48% of total U.S. crude oil production in 2015, up from 22% in 2007. Production from new wells has grown as advances in horizontal drilling and completion techniques led to …read more

Source:: TODAY IN ENERGY