Global Hydraulic Fracturing Market

Gaarti26 Jul, 2021Finance

Under good segment, horizontal Hydraulic Fracturing Market share is expected to grow in 2019 owing to its wide applications in the extraction of Oil & Gas from unconventional reserves. In 2015, approximately 77% of U.S. most productive oil wells were horizontally drilled. These wells are more productive as compared to vertical drilling well, as it has the potential to access natural gas surrounding the entire portion of the horizontally drilled section. Vertical Hydraulic Fracturing Market share is predicted to witness moderate growth as it is cheaper and has access to natural gas that immediately surrounds the well.