Meaning Of Fracking In Business Terms
Fracking is a method of getting oil or gas from rock by forcing liquid and sand into the.
Meaning of fracking in business terms. Fracking in natural gas and petroleum production injection of a fluid at high pressure into an underground rock formation in order to open fissures and allow trapped gas or crude oil to flow through a pipe to a wellhead at the surface. Meaning pronunciation translations and examples. Fracking definition is the injection of fluid into shale beds at high pressure in order to free up petroleum resources such as oil or natural gas.
The process involves the high pressure injection of fracking fluid primarily water containing sand or other proppants suspended with the aid of thickening agents into a wellbore. Drilling for shale gas is still at an exploratory phase. Hydraulic fracturing also called fracking fracing hydrofracking fraccing frac ing and hydrofracturing is a well stimulation technique involving the fracturing of bedrock formations by a pressurized liquid.
Fracking has raised concerns over its economic and environmental consequences. If a jet of water can help a bulldozer shift rocks maybe it can do other useful things too. Fracking s the informal name for hydraulic fracturing a self explanatory term when you think about it a little bit.
Meaning you re going to get a huge amount of the oil or gas you re going to get in year one and after that it s going to fall off by somewhere between 60 and 80. Is fracking taking place in the uk.