Hydraulic fracturing, the process used to break apart shale rock deep below the earth’s surface to allow natural gas and oil to flow, will increase in 2012 some 19 percent from last year according to Spears & Associates, a research and consulting company for the worldwide petroleum industry. Almost 19,000 new wells will be fracked [...]
Halliburton has just purchased 178 acres in the EastPointe Business Park in Washington Township near Zanesville, Ohio. The company plans to build an operations center at the location servicing companies drilling in the Utica Shale. The new operations center is expected to create 300 jobs within the next three years.
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. [...]
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