HORIZONTAL WELLS SEEN BOOST FOR CANADIAN OIL FLOW

Horizontal drilling could increase crude oil recovery from Canada's western sedimentary basin by 2 billion bbl in the next 10-15 years, a study says. Selwyn Springer of Springer Consulting Services, Calgary, told the Canadian Institute of Mining, Metallurgy and Petroleum horizontal drilling will increase reservoir recovery to 30% from 28% of oil in place. At $20 (U.S.)/bbl, the 2 percentage points would be worth $40 billion during the next 15 years. Springer is one of five authors of the

May 24th, 1993
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