Thursday, July 7, 2011
Mining 101: Ep. 16 What is Fracking?
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Keith Schaefer, editor of Oil and Gas Investments Bulletin (http://www.oilandgas-investments.com) explains what fracing is.
From wiki: Hydraulic fracturing, often called fracking, fracing or hydrofracking, is the process of initiating and subsequently propagating a fracture in a rock layer, employing the pressure of a fluid as the source of energy. The fracturing, known as a frack job (or frac job), is done from a wellbore drilled into reservoir rock formations, in order to increase the extraction rates and ultimate recovery of oil and natural gas.
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