GASFRAC

Energy Services | GASFRAC

GASFRAC 1Q12 Revenues/Profits Down 25% from 4Q11
April 10, 2012April 10, 2012

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 on their collective 135,000 acres (see this MDN story).

Read More “GASFRAC 1Q12 Revenues/Profits Down 25% from 4Q11”
Energy Services | GASFRAC | Hydraulic Fracturing | Industrywide Issues | New York | Regulation | Statewide NY | Tioga County (NY)

Anti-Driller Campaign Against LPG Fracking Begins in NY
April 2, 2012April 2, 2012

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 uses liquefied petroleum gas (LPG), a gel-like substance that replaces water in fracking. Perhaps most importantly, by using LPG fracking, eCorp can move ahead with permitting and drilling now (in New York!), ahead of the release of new fracking regulations that have been stalled in a four-year review process.

MDN predicted that with almost all stated reasons to oppose water-based fracking now removed, anti-drillers would invent new reasons to oppose LPG fracking. MDN’s prediction has already come true. An article printed in the “news” section of the Albany Times Union, which clearly is an opinion piece, says this:

Read More “Anti-Driller Campaign Against LPG Fracking Begins in NY”
Energy Services | GASFRAC | Hydraulic Fracturing | Industrywide Issues | New York | Tioga County (NY)

GASFRAC’s LPG Fracking Method (and Future) Looking Good
March 30, 2012March 30, 2012

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:

Read More “GASFRAC’s LPG Fracking Method (and Future) Looking Good”
Energy Services | GASFRAC | Hydraulic Fracturing | Industrywide Issues | Landowner Coalition News | New York | Regulation | Tioga County (NY)

Alternative Fracking Method May Soon Debut – in New York!
March 29, 2012March 29, 2012

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 almost all of the chemicals used? Took away fracking wastewater that either needs to be recycled or treated or injected into a deep well? Took away almost all of the heavy truck traffic and noise and other industrialization concerns? In short—what if you took away almost every reason to oppose gas drilling?

Read More “Alternative Fracking Method May Soon Debut – in New York!”
Baker Hughes | Energy Services | Frac Tech | GASFRAC | Halliburton | Hydraulic Fracturing | Industrywide Issues | Schlumberger | Universal Well | Weatherford Intl

Technology Advances Lead to “Greener” Hydraulic Fracturing
May 27, 2011May 27, 2011

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.

From the introduction of the article we see the critical role fracking plays in natural gas development:

Read More “Technology Advances Lead to “Greener” Hydraulic Fracturing”
Energy Services | GASFRAC | Hydraulic Fracturing | Industrywide Issues | New York | Tioga County (NY)

Canadian Company Pioneers Alternative to Water & Sand in Hydraulic Fracturing, Used on 700 Wells So Far
April 14, 2011April 14, 2011

An interesting “new” technology from Canadian company GASFRAC uses an alternative to water and sand in the hydraulic fracturing process:

Read More “Canadian Company Pioneers Alternative to Water & Sand in Hydraulic Fracturing, Used on 700 Wells So Far”