U.S. operators are stepping up their horizontal drilling program, targeting more fields and formations. Here's what's happening: Union Pacific Resources Co., Fort Worth, a major Cretaceous Austin chalk participant in the Giddings area of South Texas, plans to drill at least 50 horizontal wells this year in the chalk. UPRC also will drill six or seven horizontal wells in Cretaceous Niobrara in Wyoming and Colorado, where it holds about 1.2 million net acres, and participate in five horizontal wells in Mississippian Bakken shale in Montana and North Dakota, where it has about 70,000 net acres. Belden & Blake Energ...

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