For the entire oil/gas industry? Upstream, midstream and downstream?
Only for the ignorant.
Hydraulic Fracturing is a well completion activity. It is also used to stimulate existing producing wells.
No one said the term ‘fracking’ was for the entire industry. The term does encompass most drilling in shale formations.
Like it or not the term has become general usage even for drillers in the Bakken.
I am not going to wag a finger like you and other hard-headed purists on this thread in a ‘mark your territory’ activity like dogs and fire hydrants. It is easy to sense that the two or three detractors on this thread have no fracking experience.
The term is fracking and it is now widely used in the field and in media. It’s also called ‘fracing’ without the k; look it up.
Fracking in its current form is relatively new regardless of those who say it was used decades ago. The complete technology used today is highly evolved to what it was decades ago. Fracking technology today is the driver behind all the drilling in the shale. That fact is indisputable.
Fracking as a term is used to generally describe the renaissance in American oil production. It has nothing to do with those that read the Oil & Gas Journal and pretend to be frack experts. I am not an expert and I don’t need to be. My company is one of many owners and dealmakers that axquire and move ‘frack oil’ to end-users. We also do the same for crude, LNG and refined product but our main business is water purification which is why we are in the Bakken in the first place. I am not going to tell other principals in my company to stop using the word ‘frack’ just because some yahoos on a conservative forum have a hard-on for their past life experience in the oil patch but who have no experience using frack tech.
So sit back in your easy chair and real Oil & Gas and pretend you are still in the game. I sense you are far removed from it.
This thread is about environmentalists using whatever means they can to shut down fracking. It’s not about thumping one’s chest crying “Look at me! Look at me! I know! I know!” and other unassorted bullshit.
You can take it to the bank that environmentalists and foreign interests want to shutdown fracking wherever they can. That’s a fact.