Drilling Efficiency Drives Growth In U.S. Unconventional Oil & Gas

Hira Shahnawaz Akhtar

Published onOctober 23, 2013

Updated on May 13, 2021

Increase in drilling efficiency and well productivity has been driving growth in U.S. unconventional crude oil and natural gas production, claims the Drilling Productivity Report (DPR), recently released by the U.S. Energy Information Administration (EIA). The drilling productivity report shows that while the number of active rigs has grown trivially, the growth in productivity of these rigs has brought about a major increase in U.S. oil and gas production in recent months.

Oil and Gas production region

The report looks into the production from six shale / tight oil and gas production regions including Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara and Permian. The six...

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Hira Shahnawaz Akhtar

Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.

Drilling Efficiency Drives Growth In U.S. Unconventional Oil & Gas

Oil and Gas production region

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