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Energy > Hydraulic Fracturing
The following information is about Hydraulic Fracturing.
Hydraulic Fracturing Defined
Fracturing of rock at depth with fluid pressure. Hydraulic fracturing at depth may be accomplished by pumping water into a well at very high pressures. Under natural conditions, vapor pressure may rise high enough to cause fracturing in a process known as hydrothermal brecciation.
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Schlumberger says N American drilling to stay strong
Published September 3, 2008, 3:20 pm, Stuff
The chief executive of Schlumberger Ltd, the world's largest oilfield services company, says he expects drilling for natural gas in North America to remain robust at least through the spring of 2009.
BP to buy 25 pct stake in Chesapeake shale assets
Published September 2, 2008, 4:30 pm, The Economic Times
U.S. natural gas producer Chesapeake Energy Corp said on Tuesday it agreed to sell a 25 percent interest in its Fayetteville Shale assets in Arkansas for $1.9 billion to a unit of BP Plc its second big acreage deal with the oil major.
BP to buy 25 pct stake in Chesapeake shale assets
Published September 2, 2008, 12:38 pm, Reuters via Yahoo! Singapore News
(Adds company comment, paragraph 11)
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