Hydraulic Fracturing Revealed: Get the Facts About the Fracks

Hydraulic fracturing is one of the most controversial operations in today’s petroleum industry — and one of the most fruitful for developing oil and gas resources. The Shale Revolution fueled by the combination of multi-stage hydraulic fracturing and horizontal drilling thousands of feet below surface propelled the United States to the forefront of oil and gas producers, much to nearly everyone’s surprise. As a result of this massive upsurge in production, US energy prices were slashed significantly for consumers. In this module, DrillingContractor.org Editor/Publisher Mike Killalea sat down with three notable experts in hydraulic fracturing to provide a better understanding of this proven and productive technology.

In developed countries, we take for granted all the ways these fossil fuels improve and enhance our lives.

What is hydraulic fracturing?

Why does hydraulic fracturing get such a bad rap?

What is the impact of hydraulic fracturing?

What fueled the shale revolution?

Does hydraulic fracturing use hazardous chemicals?

Does hydraulic fracturing waste water?

Does hydraulic fracturing cause earthquakes?

How does hydraulic fracturing benefit the average person?

What’s the latest technology in hydraulic fracturing?

What would be the consequences of banning hydraulic fracturing?

About the Panel

Olson_Karen_photo-150x150Karen Olson

Karen is Director of Southwestern Energy’s Strategic Solutions Team, which is accountable for bringing the company to Freshwater Neutral by 2016. She has been a Completion/Reservoir Engineer for over 30 years, with expertise in design, modeling, and operational execution of hydraulic fracturing, as well as offshore completions.

Karen has been active with the Society of Petroleum Engineers and for the last seven years has been a Guest Editor for the Deepwater and Hydraulic Fracturing section of the JPT, SPE’s official magazine. In addition to well-deserved awards, Karen served as the 2014, 2015, and current 2016 Chairperson for the SPE Hydraulic Fracturing Conference. She is also on the executive committee for the 2015 ATCE and recently honored as a Distinguished Member of SPE.

George_King_photo-150x150George King

George E. King is a Registered Professional Engineer with over 43 years experience in the oilfield. His technical background includes basic research on energized fracturing, production and fracturing chemicals, as well as a host of other topics. George is the author of 71 technical papers and a book on completions and workovers. He has been very active in sharing his expertise with the industry through the Society of Petroleum Engineers, American Petroleum Institute, and other corporate and volunteer organizations.

Jim_Wicklund_photo-150x150Jim Wicklund

Jim Wicklund spent 15 years in the oil and gas industry, working in geophysics and engineering before joining the financial services industry as a research analyst covering the oilfield services sector. He is currently serving as Managing Director for Credit Suisse.

Prior to joining Credit Suisse, Jim held managing director/head of energy research positions at Carlson Capital LLC, Banc of America Securities and Rauscher Pierce Refsnes Inc.

Jim has been recognized with various awards and recognition, including the #1 ranking in Institutional Investor, Greenwich Surveys and the Wall Street Journal’s “Best on the Street”. He is a frequent contributor to CNBC, CNN and other media outlets.

Additional Information

Hydraulic Fracturing Processhttp://www.epa.gov/hydraulicfracturing/process-hydraulic-fracturing
Hydraulic Fracturing: Just the Facts (Energy in Depth):http://energyindepth.org/just-the-facts/
Facts about Frackinghttp://www.livescience.com/34464-what-is-fracking.html
Hydraulic Fracturing Q&A’s (API)http://www.api.org/Oil-and-Natural-Gas-Overview/Exploration-and-Production/Hydraulic-Fracturing/Hydraulic-Fracturing-QA
An Overview of hydraulic fracturing and other formation stimulations technologies for shale gas production (European Commission)https://ec.europa.eu/jrc/en/publication/eur-scientific-and-technical-research-reports/overview-hydraulic-fracturing-and-other-formation-stimulation-technologies-shale-gas
General Information about Injection Wells (US Environmental Protection Agency)http://www.epa.gov/uic/general-information-about-injection-wells
Injection and disposal wells (Texas Railroad Commission)http://www.epa.gov/uic/general-information-about-injection-wells
Offshore hydraulic fracturing Q&A (BSEE)http://www.bsee.gov/uploadedFiles/BSEE/BSEE_Newsroom/BSEE_Fact_Sheet/Hydraulic%20Fracturing%20QA%20for%20Web-Final.pdf
BLM Fracking Rule (Energy in Depth)http://www.westernenergyalliance.org/why-western-oil-natural-gas/what-fracking/blm-fracking-rule
Overview of Frackinghttp://www.what-is-fracking.com/what-is-hydraulic-fracturing/
Hydraulic Fracturinghttps://www.powerincooperation.com/development.aspx?issue=Fracking#sthash.XQWD756e.dpbs
Hydraulic Fracturing Q&A (Shell)http://www.shell.us/energy-and-innovation/unconventional-resources/addressing-the-issues.html
Myths vs Facts on Hydraulic Fracturinghttp://www.heritage.org/research/reports/2012/08/hydraulic-fracturing-critical-for-energy-production-jobs-and-economic-growth
New Study finds that hydraulic fracturing is safehttp://instituteforenergyresearch.org/analysis/new-study-finds-that-hydraulic-fracturing-is-safe/
Fracking Safety and Sciencehttp://www.energytomorrow.org/blog/2016/01/20/fracking-safety-and-science
Frac Focus Chemical Disclosure Registryhttps://fracfocus.org/chemical-use/what-chemicals-are-used
Frac Focus Chemicals Usedhttps://fracfocus.org/chemical-use
Frac Focus Hydraulic Fracturing Process Overviewhttps://fracfocus.org/hydraulic-fracturing-process

In developed countries, we take for granted all the ways these fossil fuels improve and enhance our lives.

If you liked Hydraulic Fracturing Revealed, check out these additional modules: