The impact of hydraulic fracking
Oil production from hydraulically fractured wells accounted for more than half of U.S. total oil output during 2015, according to the U.S. Energy Information Administration.
Oil production from hydraulically fractured wells accounted for more than half of U.S. total oil output during 2015, according to the U.S. Energy Information Administration. "Using well completion and production data from DrillingInfo and IHS Global Insight, EIA created a profile of oil production in the United States. In 2000, approximately 23,000 hydraulically fractured wells produced 102,000 barrels per day (b/d) of oil in the United States, making up less than 2% of the national total," EIA officials said in a press release.
"By 2015, the number of hydraulically fractured wells grew to an estimated 300,000, and production from those wells had grown to more than 4.3 million b/d, making up about 50% of the total oil output of the United States. These results may vary from other sources because of the types of wells included in the analysis and update schedules of source databases."
Original content can be found at Oil and Gas Engineering.
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