Oil and gas fracking equipment
Hydraulic fracturing also called fracking , fracing , hydrofracking , fraccing , frac'ing , and hydrofracturing is a well stimulation technique in which rock is fractured by a pressurized liquid. The process involves the high-pressure injection of 'fracking fluid' primarily water, containing sand or other proppants suspended with the aid of thickening agents into a wellbore to create cracks in the deep-rock formations through which natural gas , petroleum , and brine will flow more freely. When the hydraulic pressure is removed from the well, small grains of hydraulic fracturing proppants either sand or aluminium oxide hold the fractures open. Hydraulic fracturing began as an experiment in , and the first commercially successful application followed in
Hydraulic fracturing
Apr 28 Read Apr 27 Read Apr 30 Read Apr 22 Read Jan 17 Read Dec 11 Read Apr 29 Read Apr 24 Read Apr 06 Read May 05 Read Apr 20 Read Amid a significant downturn in shale drilling, oil companies are scrapping idle equipment and, in some cases, retiring entire fracking fleets.
In the past, recessions have seen oil companies ground unused equipment until operations pick up again. This time is different, with many drillers cutting their losses and stripping down equipment to be sold for scrap or parts. The industrywide trend is also spreading beyond site drillers to service providers such as sand miners and trucking companies, who are also buried under a surplus of unused equipment.
Fracking oil calls for extreme power, with trucks and other equipment used to fire high-pressure jets of water, sand and chemicals into the bedrock. While the approach from land-based companies is drastic, it marks a significant change from the reactions of offshore counterparts such as Transocean Ltd. When the offshore revival failed to materialise, Transocean Ltd was forced to scrap its multibillion-dollar rig. The outlook isn't bright for Stateside fracking companies, with analysts warning that explorer spending in North America could continue to fall in To get the market back on its feet there needs to be a notable increase in demand and a significant drop in production from other pumpers.
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Request information. Producers plagued by slump in investor spending The outlook isn't bright for Stateside fracking companies, with analysts warning that explorer spending in North America could continue to fall in Reader comments Do you like or dislike what you have read?
Post a Comment First Name. Last Name. Measurement and Testing It is always difficult to predict rates of corrosion in plant facilities; therefore, making sure you have the right tools to perform regular inspections is v Measurement and Testing Topnir technology is a field proven solution providing accurate property predictions of any type of hydrocarbon, neat or in a mixture.
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Hydraulic-fracturing equipment used in oil and natural gas fields usually consists of a slurry blender, one or more high-pressure, high-volume fracturing pumps. Are fracking companies set on finding oil or natural gas a good bet? to entry, as getting the pumping equipment is relatively easy to do. At the.
We design and manufacture a full range of well stimulation, drilling, cementing and workover equipment. Utilizing the most technologically advanced components, we develop products that serve the specific requirements of our clients. Our training programs and extraordinary after sales services provide know-how and flexibility to our customers. GOES GmbH is the leading European manufacturer and supplier of specialized oilfield equipment and related aftermarket parts and services for the oilfield service industry. Our products are provided for customers in hydraulic fracturing, coiled tubing, cementing, nitrogen, acidizing and drilling operations.
With all the attention paid recently to fracking — and the oil and gas sectors generally — many want to know where the good investment opportunities are. Are fracking companies set on finding oil or natural gas a good bet?
In the first part of this three part article series on hydraulic fracking we provided a brief overview of the process and discussed how it has changed and developed over time. This second part will get more in-depth about the process of hydraulic fracking itself, how it works, and what fluids and equipment are needed to make it recover oil and gas.
Fracking 101: Breaking down the most important part of today’s oil, gas drilling
Read More. A broad recovery in upstream investment continues to gain steam across the lower, and at the head of the convoy is a long line of pressure pumping trucks. Driven by tight oil and shale gas plays, annual U. No matter how one looks at it—including expenditures, fleet utilization statistics, announced new-build capacity additions or proppant consumption—the fracturing market has been the front-runner in the broader upturn in domestic field activity. To meet the growing demand for their services, pressure pumpers are building new fleets and reactivating idle iron. In the process, they are finding ways to make their assets safer, more efficient and more reliable.
Fracking 2.0: Hydraulic fracturing companies find alternatives to diesel-powered pumps
E-frac, as the new technology is called, is being adopted by EOG, Royal Dutch Shell Plc, Exxon Mobil Corp and others because of its potential to lower costs, reduce air pollution and operate much quieter than conventional diesel-powered frac fleets. While a handful of oil producers are capturing savings from lower well costs, the picture is less rosy for oilfield service providers. These systems can cost them up to twice that of conventional fleets to build. A rapid uptake could worsen the economics for a sector cutting staff and idling equipment as oil producers pare spending. That leaves this potential breakthrough technology in the hands of small service providers without the means to fully exploit it. Halliburton, Schlumberger NV and others have idled scores of diesel-powered fleets this year as producers cut spending due to flat to lower oil and gas prices. Consultancy Primary Vision estimates the number of active fleets in the U. A spokesperson declined to comment on e-frac. Evolution operates six e-frac fleets - mobile collections of high-pressure pumps powered by gas turbine generators - and plans to roll out a seventh next year.
Two Houston-area companies are working to make an industry known to be notoriously unfriendly to the environment more responsible and profitable.
The two- to three-day process of hydraulic fracturing for oil and gas is perhaps one of the most misunderstood drilling practices, becoming as bad of a word in some circles as a racial slur. Entire countries have banned the process. Some Colorado towns have placed moratoriums to study it further. A recent study by researchers at Oregon State, George Mason and Yale universities revealed that more than half of the 1,plus people surveyed across the nation had no idea what fracking was, and almost 60 percent had no opinion on it.
Fracking Can't Happen Without These Companies
All rights reserved. Dusk falls at a hydraulic fracturing site in northeastern Pennsylvania. New technologies aim to reduce fracking's impact on land, water, and air. It may seem strange to hear the words "fracking" and "environmentally friendly" in the same sentence. After all, hydraulic fracturing, or fracking, in which high-pressure chemically treated water is used to crack rock formations and release trapped oil and gas, is a dirty term to many environmentalists. Critics decry the practice for consuming vast amounts of fresh water, creating toxic liquid waste, and adding to the atmosphere's greenhouse gas burden, mostly because of increased risk of leaks of the potent heat-trapping gas, methane. James Hill, chief executive of the Calgary, Alberta-based energy services firm GasF rac, is one of a handful of technology pioneers determined to change that. Hill's company has introduced a new fracking method that uses no water at all. Instead, GasFrac uses a gel made from propane—a hydrocarbon that's already naturally present underground—and a combination of what it says are relatively benign chemicals, such as magnesium oxide and ferric sulfate, a chemical used in water treatment plants. Over the past few years, GasFrac has used the process 2, times at wells in Canada and the United States. GasFrac is one of a growing number of companies, including giant GE and the oil services firm Halliburton , that are pioneering technological improvements to mitigate some of the environmental downsides to the process that has spurred a North American energy boom.
Why Are US Oilfields Scrapping Fracking Equipment?
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