Tag: oil wells

Energy, Industry Focus Areas

Drill Pipe Market to Reach $2.2 Bn, Globally, by 2031 at 5.4% CAGR: Allied Market Research

July 25, 2022

Via: PR Newswire

Rise in exploration & drilling activities for oil across the globe and increase in the redevelopment of mature oil wells drive the growth of the global drill pipe market. Allied Market Research published a report, titled, “Drill Pipe Market by […]

Energy, Industry Focus Areas

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

March 23, 2016

Via: Penn Energy

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 […]