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Investing in Fracking Companies

January 7, 2013 via CanadianOil Tagged With: fracking oil, natural gas fracking, Oil fracking, shale fracking, shale gas fracking

trican fracking

The onset of horizontal drilling and multi-stage fracing has been a major driver of unconventional resource development. Fracking is a technique used to release oil and gas from reservoir rock formations by sending water and sand down a well at ultra-high pressure. The pressurized fluid fractures the formation rock creating pathways for trapped oil and gas to get to the well.

The fracking companies have become a large if not the largest part of the oilfield services sector. The shale revolution which started a few years ago has seen the horizontal rig count climb to record levels; more than … Continue Reading

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