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To: ckilmer

Four companies — Halliburton, Schlumberger Ltd. (SLB), Baker Hughes Inc. (BHI)’s BJ Services unit and FTS International Inc., formerly known as Frac Tech Services LLC — provided more than half the North American fracking services last year, Spears said. Halliburton was at the top of the group with almost one- fifth of capacity, followed by Schlumberger with 13 percent, BJ Services with 12 percent and FTS with 11 percent.

http://www.bloomberg.com/news/2012-01-19/frack-market-to-grow-19-in-2012-to-37-billion-correct-.html


84 posted on 12/18/2013 1:42:42 PM PST by thackney (life is fragile, handle with prayer)
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To: thackney

Your link showed that most of the fracking in the world is done in the USA where it was invented.

“In North America, which accounted for 87 percent of the fracking market last year, spending on the technique used to extract oil and gas from shale will top $30 billion in 2012,”
http://www.bloomberg.com/news/2012-01-19/frack-market-to-grow-19-in-2012-to-37-billion-correct-.html

Fracking Market to Grow 19% to $37 Billion Worldwide in 2012
By Joe Carroll Jan 19, 2012 5:34 PM ET

In North America, which accounted for 87 percent of the fracking market last year, spending on the technique used to extract oil and gas from shale will top $30 billion in 2012, said Richard Spears, vice president of the Tulsa, Oklahoma-based firm that advises about 400 oil producers, hedge funds, equipment providers and manufacturers.


86 posted on 12/18/2013 1:47:36 PM PST by ckilmer
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