When the announcement that a group of landowners in Tioga County, NY are about to sign sign leases with eCORP to allow drilling on 135,000 acres using waterless LPG fracking, MDN cautioned against euphoria that pro-drillers finally have a method of extracting natural gas that even anti-drillers can’t complain about. We predicted something eminently predictable: [...]
GASFRAC Energy Services, the Canadian company who pioneered and holds a patent on waterless LPG (liquefied petroleum gas) fracking technology, reports that revenues and profits for the first quarter of 2012 were disappointing. GASFRAC, you may recall, will be the vendor of choice when/if the Tioga County Landowners Group, in New York State, starts drilling [...]
It certainly didn’t taken long for anti-drillers to start talking down LPG (waterless) fracking. Just last week, a Tioga County, NY landowner group announced they will sign a lease with eCorp to allow drilling on 135,000 acres in New York using a proprietary technology by Canadian company GASFRAC (see this MDN story). The waterless technology [...]
In a follow-up to yesterday’s blockbuster news that fracking may begin in New York sooner rather than later if Tioga County, NY landowners move forward with LPG fracking (see this MDN story), the website Seeking Alpha makes the following interesting comment about the proprietary LPG technology used by GASFRAC, and about GASFRAC’s future prospects:
The anti-drilling crowd is about to be tested as to their true reasons for opposing shale gas drilling, and it will happen in leftist paradise—New York State. What if you removed 99 percent of the stated objections to fracking? Took away the millions of gallons of water needed to frack a single well? Took away [...]
A somewhat technical, but informative article on how hydraulic fracturing technology is getting more environmentally friendly was recently published in Drilling Contractor. Halliburton, Baker Hughes, Schlumberger, Weatherford International, GasFrac Energy Services, Universal Well Services and Frac Tech Services went on the record with Drilling Contractor about the environmental aspects of hydraulic fracturing and “green” developments. [...]
An interesting “new” technology from Canadian company GASFRAC uses an alternative to water and sand in the hydraulic fracturing process:
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