The oil and gas industry has relied on horizontal wells to boost output even as they yield steep production declines.

Afren (LON:AFR), the Africa-focused FTSE 250 oil and gas group, said today that it was on track to be producing 50,000 barrels of oil equivalent per day by the end of this year. In an update ahead of ...

While horizontal wells boost early production, their steep decline rates require ongoing drilling efforts, making the US ...

Oil and gas producers will need to step up drilling to sustain or increase output due to rapid declines in production from ...

The U.S. oil industry probably passed the low point in the current cycle in July and August, with drilling rates set to start ...