Hydraulic fracturing pumps many thousands of gallons of mainly water and sand, with a few chemicals, at high pressure into tight gas-bearing shale deposits (hardened muds), creating cracks that allow gas to flow back up the well to the surface ( Shale Shock).
What if it is right there trapped in oil and natural gas-bearing shale, enough to possibly supply our U.S. needs for centuries?
Specially formulated lubricants are used in fracking, which involves pumping water, fine sand and fracking fluids underground to split open oil- and gas-bearing rocks.
Hydraulic fracturing, or fracking, pumps millions of gallons of water mixed with fine sand and chemicals deep into oil and gas wells to crack gas-bearing rock.
More than 10 drillers have already received Department of Environmental Protection permission to use mine discharges for fracking, a technique in which millions of gallons of water, along with chemical additives and sand, are pumped down a well to break apart gas-bearing shale deposits.
Stone Energy (SGY), which is headquartered in Lafayette, Louisiana, is drilling several deep and ultradeep wells in Vermilion and Cameron parishes in the belief that gas-bearing reservoirs below the shallow Gulf bleed onshore, and that onshore drilling offers a way to tap an abundant hydrocarbon resource without incurring the considerable expenses of underwater operations.
FORBES: Bullish On U.S. Oil And Gas? Consider These 'Stocks Under Rocks'
Dana Petroleum Egypt has reported several significant exploration successes at North Zeit Bay during 2011, including encountering good quality oil-bearing sands and establishing two gas condensate field discoveries.
She wanted to hear exactly how the next President was going to remove some of the tremendous financial weight bearing down on her reduce gas prices, cut the cost of medicine not in the distant future but right away.
"Bearing in mind the approaching winter season and higher demand for gas, as well as the Ukrainian repeated failures to fulfil gas contracts, Gazprom will have to reduce gas deliveries to Ukrainian consumers if the debt is not settled in October, " the company said.
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