Russia Drills Oil Wells at Fastest Pace in 5 Years as Curbs Ease


Russia’s strategy seems to focus on more-advanced horizontal drilling at mature fields, especially in western Siberia, analysts said. Right now, horizontal wells account for around 80% of production drilling in this mature Russian oil province, according to Kasatkin. By 2030, this share may grow to 95%, making drilling at western Siberia similar to that in the US Permian Basin, he said.



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