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Independent producers are literally steering their way to new oil and natural gas production - despite low prices and difficult-to-produce reservoirs. Independents are drilling highly deviated, extended reach and horizontal wellbores. Horizontal drilling technology once affordable to only major, integrated oil companies has now become part of the smaller producer's latest business gambles.
Horizontal drilling is among the most advanced and rapidly growing technologies in the petroleum industry. The whipstock has come a long way. Once the only tool for re-routing a well, the wedged steel is still used to force a bit sideways, back on course. However, the cost in lost ...