Or direct to Bloomberg.
As regulators and environmentalists study whether hydraulic fracturing can damage the environment, industry scientists are studying ways to create longer, deeper cracks in the earth to release more oil and natural gas.Now if they can just frack without diesel or anything the EPA can classify/define as diesel.
Energy companies are focused on boosting production and lowering costs associated with so-called fracking, a technique that uses high-pressure injections of water, sand and chemicals to break apart petroleum-saturated rock. The more thoroughly the rock is cracked, the more oil and gas will flow from each well.
The world’s largest oilfield service providers are leading the search for new technologies, with some companies focused on splintering the rock into a web of tiny fissures, and others seeking to create larger crevices in the richest zones.
“I want to crack the rock across as much of the reservoir as I can,” said David Pursell, a former fracking engineer who’s now an analyst at Tudor Pickering Holt & Co. in Houston. “That’s the Holy Grail.”
If Newfield thinks fracking is expensive, wait until they "see" super-fracking.
i was just pondering the idea if used dry fryer oil and month old ground fig newtons could be the "new" low cost alternative to diesel and frac sand... just sayin
ReplyDeleteThe ingenuity of the human mind never fails to amaze me.
DeleteYes, those little fig newton seeds are exactly the size of ceramic proppants from China.
Until EPA classifies "used dry dryer oil" as diesel, this should work.
In the Hess DUO presentation I learned that Hess knows less about the WB than you do.
ReplyDeleteHess thinks there are only 2 layers in the WB, but the Paris Basin has 5.
Hess should read MDW.
(Otherwise Paris is like Williston. Really.)
anon 1
Paris, huh? I have been very fortunate in life. While stationed in Germany, I visited Paris often. I'm trying to think how Paris reminded me of Williston, or vice versa.
ReplyDeleteNo. Not really much in common (Paris/Williston).