The ability to drill
horizontal oil and gas wells and to «frack» shale by injecting pressurized sand and chemicals into the rock has enabled a huge boom in natural - gas production over the past decade.
Not exact matches
The pace of
oil and gas production gains has consistently surprised forecasters since
horizontal drilling
and hydraulic fracturing,
better known as «fracking», were pioneered in U.S. shale rock formations about ten years ago.
PDC has successfully drilled the equivalent of 20 - 22
horizontal wells per 640 - acre section, to more efficiently capture the large
oil and gas resources in - place in the Niobrara
and Codell formations, which contain over 300 feet of combined reservoir rock.
Paterson noted the bill, which was passed by both the Senate
and Assembly during the recent extraordinary session (although it was not on the governor's agenda), goes
well beyond
horizontal hydraulic fracturing
and effectively would result in a moratorium on all new
oil and gas well drilling.
He said that an amendment was already planned that would extend the ban to include wastewater from vertically drilled
oil and gas wells (which is being used elsewhere in the state for deicing roads), as
well as those using
horizontal fracking techniques.
Until now, estimates of shale
gas production have primarily relied on models established for conventional
oil and gas wells, which behave differently from the
horizontal wells in
gas - rich shales.
Modern hydraulic fracturing combined with
horizontal drilling allows multiple
wells to be drilled from one spot, reducing the size of the drilling area above ground by as much as 90 percent.4 Fracking is the key to unlocking vast U.S. shale resources, freeing up
oil and natural
gas that previously was inaccessible while protecting groundwater supplies
and the environment.
Historically, fracturing in California has been used in vertical
wells — not in combination with the
horizontal drilling techniques that have wrested
oil from North Dakota's Bakken
and natural
gas from the Barnett shale of Texas or Marcellus shale in Pennsylvania.
The Federal Court of Canada has ruled against a Calgary - based
oil and gas services company ensuring there is no monopoly on a fracturing technology used in
horizontal drilling
and well completion systems in the sector.