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Advantages And Disadvantages AdvantagesDisadvantagesThese wells increase oil and gas production.These wells are highly expensive to build and maintain.It prevents seepage of water and gas into the well.The digging and finishing of the well is a complicated process needing skilled and special machinery.3 more rows
The length of the horizontal section, or lateral, can range from a few hundred feet to several miles. Hydraulically fractured horizontal wells have accounted for most of all new wells drilled and completed since late 2014.
Cost depend on the depth and complexity of the well. Modern horizontal well drilling costs can easily exceed $4,000,000 just in the drilling phase. Without drilling complications these wells generally take about 3 weeks for the drilling phase.
It takes an average of 50 to 60 days to drill the well to its target depth, which, with modern technology like horizontal drilling, could be up to two miles underground and up to two miles horizontally.
A horizontal well is a type of directional drilling technique where an oil or gas well is dug at an angle of at least eighty degrees to a vertical wellbore.
Horizontal directional drilling costs $10 to $30 per linear foot on average, depending on the location and project type.
Horizontal wells are used in situations where the reservoir is abnormally shaped, or excavation is impossible. Horizontal drilling is preferred over vertical drilling due to its ability to access subsurface reservoirs that are not accessible from directly above.