Gas, Oil Drilling, Completions Rise

Natural gas, oil drilling and completions have increased 35 percent year over year, according to the American Petroleum Institute.

The first quarter increase from 2017 to 2018 is a sign of strength for the United States’ oil and natural gas industries.   Q1 2018 also saw a 60 percent increase in success rate for exploration of oil and natural gas- the highest it has been since 2009.

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Posted on May 10, 2018 at 12:30 pm

Categories: Industry News, Press Releases

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