Investing in hydraulic fracturing companies
that are unearthing huge supplies of natural gas is a no-brainer, said
today’s AbsoluteWealth.com article. In the past several years, natural
gas production in the U.S. has taken off. The companies that have
devoted efforts to fracking, as the experts call it, could potentially
be as important to a personal portfolio as they are to the entire
country, said the article.
That’s because they are tapping into an energy source that could turn
the U.S. economy around, making them a crucial part of what some are
calling the Great Revival of the North American oil industry.
Absolute Wealth has published a Special Report for investors looking for help finding the top fracking stocks
in the market, the article said. “Sideways Oil: How “Fracking” is
Re-Establishing the U.S. as an Oil Power and How You Can Profit” is
filled with expertly-researched information to guide traders towards the
possibility of steady income for years to come.
The article said fracking is such a huge part of the economic climate
because it is generating jobs, encouraging trade, and helping the U.S.
move closer to energy independence. Low-cost natural gas, which some
other countries have already adopted as their main source of energy, is
turning the U.S. back into the oil power of the day.
The U.S. is still the largest importer of crude oil, but the article
said natural gas could become an export item, shifting the economic
tables and causing companies that built import terminals years ago to
spend billions remaking them into export facilities.
All this means production and profits, which create wonderful
investment opportunities for smart traders who do their homework.
“Sideways Oil” will serve as a guidebook to help them learn about
fracking and discover the best oil companies to invest in, said the
article.
Absolute Wealth is an expert team of real investors and advisors
devoted to identifying winning strategies for exceptional returns.
Members subscribe to the Independent Wealth Alliance
for professional investment analysis and recommendations on the latest
trends and progressions. For more information and subscription
instructions, visit AbsoluteWealth.com.
“Sideways Oil” is available to Independent Wealth Alliance members,
and contains exclusive advice on both direct fracking companies and
indirect support companies that provide them with equipment, transport,
and waste treatment. With all the buzz about a Great Revival, the
article said it’s no wonder people are intrigued by the potential behind
investing in hydraulic fracturing companies.
For the original version on PRWeb visit: http://www.prweb.com/releases/prwebinvesting_in_hydraulic/fracturing_companies/prweb9565113.htm
Read more: http://www.timesunion.com/business/press-releases/article/Investing-in-Hydraulic-Fracturing-Companies-Made-3604217.php#ixzz1wvLW6mBZ
Tuesday, June 5, 2012
Squeezing the Shale: Hydraulic fracturing releases the oil in this boom
Hydraulic fracturing has been a means of retrieving oil and natural
gas for more than 50 years, and with technologies and methods improving,
it has become a regular practice to tap into oil and gas previously
unrecoverable.
Hydraulic fracturing, or fracking, is the process of injecting fluids under pressure into the earth through a wellbore, or the hole drilled to assist in the exploration and recovery of natural gas, said Scott Tinker, state geologist and director of the Bureau of Economic Geology at the University of Texas in Austin.
Those fluids, under pressure, crack the rock and create fractures or cracks in the rock to allow the oil and natural gas to flow into the hole, Tinker explained.
According to the Environmental Protection Agency website, the fluid commonly consists of water, material to keep the cracks open and chemical additives that open and enlarge the fractures.
Wells may be drilled vertically hundreds to thousands of feet below the surface and may include horizontal or directional sections extending thousands of feet, the website states.
“You can’t produce from shale without cracking the rock,” Tinker said.
Shale is too tight. It doesn’t have enough pores for natural gas to flow out, unless it’s cracked, he said.
The fractures can extend several hundred feet away from the hole, and the materials — sand, ceramic pellets or other small, incompressible particles — hold open the newly created cracks in the formation.
Once the particles are injected, the rock formation’s internal pressure forces fluid through the wellbore.This fluid is stored on site in tanks or pits before it’s treated to remove the injected chemicals and other naturally occuring waste products.
Jack Waldrep, director of the Texas Association of Landmen, said the reason for the popularity of fracking is simple.
For something to be retrievable, he said, it has to be permeable. That’s why people frack.
Some sands and limestones are permeable and porous, he said, and when drilled into, the oil will flow.
“That enhances the production,” he explained. “It gives the company the ability to retrieve more oil out of those zones down deep. Basically, what fracking is, is it breaks up that rock. They can frack and inject sand into that zone to hold fractures apart to where you can retrieve oil and natural gas.”
To comment on this story:
brittany.hoover@lubbockonline.com • 766-8722
leesha.faulkner@lubbockonline.com • 766-8706
http://lubbockonline.com/local-news/2012-06-04/squeezing-shale-hydraulic-fracturing-releases-oil-boom#.T84EMFsWGnA
Hydraulic fracturing, or fracking, is the process of injecting fluids under pressure into the earth through a wellbore, or the hole drilled to assist in the exploration and recovery of natural gas, said Scott Tinker, state geologist and director of the Bureau of Economic Geology at the University of Texas in Austin.
Those fluids, under pressure, crack the rock and create fractures or cracks in the rock to allow the oil and natural gas to flow into the hole, Tinker explained.
According to the Environmental Protection Agency website, the fluid commonly consists of water, material to keep the cracks open and chemical additives that open and enlarge the fractures.
Wells may be drilled vertically hundreds to thousands of feet below the surface and may include horizontal or directional sections extending thousands of feet, the website states.
“You can’t produce from shale without cracking the rock,” Tinker said.
Shale is too tight. It doesn’t have enough pores for natural gas to flow out, unless it’s cracked, he said.
The fractures can extend several hundred feet away from the hole, and the materials — sand, ceramic pellets or other small, incompressible particles — hold open the newly created cracks in the formation.
Once the particles are injected, the rock formation’s internal pressure forces fluid through the wellbore.This fluid is stored on site in tanks or pits before it’s treated to remove the injected chemicals and other naturally occuring waste products.
Jack Waldrep, director of the Texas Association of Landmen, said the reason for the popularity of fracking is simple.
For something to be retrievable, he said, it has to be permeable. That’s why people frack.
Some sands and limestones are permeable and porous, he said, and when drilled into, the oil will flow.
“That enhances the production,” he explained. “It gives the company the ability to retrieve more oil out of those zones down deep. Basically, what fracking is, is it breaks up that rock. They can frack and inject sand into that zone to hold fractures apart to where you can retrieve oil and natural gas.”
To comment on this story:
brittany.hoover@lubbockonline.com • 766-8722
leesha.faulkner@lubbockonline.com • 766-8706
http://lubbockonline.com/local-news/2012-06-04/squeezing-shale-hydraulic-fracturing-releases-oil-boom#.T84EMFsWGnA
Hydraulic fluid spills on road, Hazmat called
Hazmat responded to the
intersection of Edwin C. Moses Boulevard and South Broadway Street on a
hydraulic fluid spill Tuesday morning.
A truck
was leaking the fluid after its hydraulic fluid line broke, according to
reports. Hazmat was on the scene shortly and determined the spill did
not pose any health or environmental risks.
The
trail of fluid stretched about a mile from a business on River Road to
Nicholas Road, which turns into Edwin C. Moses Boulevard, according to
reports.
Authorities placed sand on the roadway to soak up the fluid, as it can get slick and cause problems for motorists.
http://www.whiotv.com/news/news/local/hydraulic-fluid-spills-road-hazmat-called/nPL8L/
Subscribe to:
Posts (Atom)