Monday , 26 June 2017


Fracking: Everything You've Always Wanted to Know but Were Embarrassed to Ask

Marathon Oil has a great animation (see here) on the basics of hydraulic fracturing or “fracking.” It explains how horizontal drilling works and explains the roles of water and sand.

So says Ben Duronio (www.businessinsider.com) in his most recent post* which is made available by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds). This paragraph must be included in any article re-posting to avoid copyright infringement.

Duronio goes on to say:

Not surprisingly, the video doesn’t spend much time on the controversies surrounding the environmental risks. That discussion is for another time.

For now, check out these key points from the animation that will help any novice speak more intelligently about fracking.

Fracking is used to extract oil and gas from shale reservoirs more than a mile below the surface

When the drill reaches the reservoir, it moves horizontally to allow for access to multiple wells from one drilling pad

Once the drilling is finished, a perforating gun is installed that fires through the casings and into the reservoir

Water, sand, and a chemicals are then pumped deep into the reservoir

The fluid is pumped into the wellbore and out through the perforations, creating fractures into the rock. This is why it’s called hydraulic fracturing

The sand in the fluid remains in the fractures, which allows the oil and natural gas to flow to the wellbore easily

The process is repeated along the horizontal section of the well

Then the extraction begins

The entire fracturing process takes roughly three to five months. But the investment can result in a well that can produce for 20-40 years.

Here is the entire video.

HAVE YOU SIGNED UP YET?
  • Go here to receive Your Daily Intelligence Report with links to the latest articles posted on munKNEE.com.
  • It’s FREE and includes an “easy unsubscribe feature” should you decide to do so at any time.
  • Join the crowd! 100,000 articles are read monthly at munKNEE.com.
  • Only the most informative articles are posted, in edited form, to give you a fast and easy read. Don’t miss out. Get all newly posted articles automatically delivered to your inbox. Sign up here.
  • All articles are also available on TWITTER and FACEBOOK

*http://www.businessinsider.com/marathon-oil-animation-on-hydraulic-fracking-2012-8?op=1#ixzz23YLCP3ut (To access the above article please copy the URL and paste it into your browser.)

Editor’s Note: The above post may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

Related Articles:

1. Here’s the Complete Picture Regarding Natural Gas

natural gas

New gas technology such as hydraulic fracturing (fracking) and horizontal drilling have changed the complexion of natural gas in North America. This infographic explores natural gas, its properties, natural gas market dynamics, supply forecasts, demand, the shale revolution, and the switch from coal to natural gas. We also raise questions about methane leakage and hydraulic fracturing.

2. 10 Facts About Global Energy Sources & Consumption – You’ll Be Surprised

oil-well-300x225

Coal, hydroelectric and oil are increasingly in high demand to meet the world’s growing appetite for power. In fact, global energy consumption grew 5.6 percent in 2010, the highest rate since 1973. Discover 10 other fascinating facts about worldwide consumption in this informative slide show.

3. Invest in Natural Gas – Here’s How

OIL

[Although] investing in natural gas is an incredibly popular and active sector of the commodity world given its robust growth predictions,…it tends to exhibit violent daily swings with high and liquid volumes. While this can lead to significant losses, for those who play their cards right, trading natural gas can make for a nice short term reward. [That being said,] for the more traditional “buy and hold” investor there are still a number of options that, [while they] may not directly invest in the commodity, offer significant exposure under a safer structure. [In this article I have identified 25 ways to invest in natural gas to help investors pick the correct security for their portfolio]. Words: 1800

 4. Shale Oil Stocks Are On The Rise – Here’s Why

OIL

World oil demand is…expected to surpass 115 million barrels per day in 2025 from only 91 million barrels per day today yet production in many countries is either waning or being consumed by the producing country. [In this article I identify those countries whose production is in decline, 2 countries who have increased production thanks to unique sources and how to invest accordingly.] Words: 595

5. U.S. Has 3rd Largest Natural Gas Field in the World – Which Other Countries are Included in the Top 10?

OIL

Natural gas is increasingly becoming an important fuel in meeting the global energy needs. Let’s take a quick look at the largest natural gas fields in the world. Words: 300