Exploring The Cost Of Hydraulic Fracturing Essay - 1750 Words

Exploring the Cost of Hydraulic Fracturing in Colorado: What are the potential effects of the Tres Rio 2016 Oil and Gas Lease/Sale on Montezuma County s public health, ecological communities, and economic stability? Introduction Hydraulic fracturing, or fracking, is a technique often administered by oil and gas companies in order to create fissures within subsurface shale formations. After a site is established, the initial step entails breaking through the soil and stone via a bit placed at the end of a drill. As the drill moves through the rock layers, it utilizes air pressure to drive fragmented rocks to the surface.The drill ceases immediately after it comes into contact with the first indication of fresh water. Once the drill is removed, cement is incorporated into the drilled hole in an effort to prevent contamination of the water source and as a safety measure. Secondary steps require a perforated gun producing high-magnitude electrical currents to be introduced down the wellbore (oil field terminology pertaining to a hole generated from oil/gas exploration), helping drive holes into the cement and ultimately enabling a channel for gas flow. The gun is then removed. Under high pressure, the drill pumps a solution of water, sand, and chemicals into the established site, allowing the gas (methane) to be released and stored. Finally, a pipeline constructed from the storage space to the consumer market supplies the gas as an energy source. Radioactive waste water alsoShow MoreRelatedThe Effects Of Hydraulic Fracturing On The Environment1622 Words   |  7 Pages Hydraulic Fracturing is a process which uses water to crack rock formations as a means to extract natural gas or oil. This method is highly debatable as to whether it uses too much water in areas that have fragile water sources as well as whether the process contaminates surrounding water sources. The State of Texas is a hotspot for hydraulic fracturing because of the amount of shale formations which can produce oil and natural gas. Texas is a dry state which often experiences severe droughts. ThereRead MoreHydraulic Fracturing : A Common And Widespread Technique1637 Words   |  7 PagesHydraulic fracturing has become a very common and widespread technique, especially in North America, due to technological advances that have allowed extracting natural gas from so-called unconventional reservoirs (tight sands, coal beds and shale formations). The socalled high volume hydraulic fracturing (with treatments typically an order of magnitude larger than the conventional fracturing procedures) began in 1968. This was complemented by horizontal drilling since the late 1980s, and the useRead MoreBenefits Of Hydraulic Fracturing Outweigh Risks2041 Words   |  9 PagesBenefits of Hydraulic Fracturing Outweigh Risks Hydraulic fracturing, or more commonly known as ‘fracking’ is a technique designed by engineers to open fissures deep within shale to extract oil and natural gas. The practice involves using large amounts of high-pressured water along with proppants, usually sand, and a small amount of a chemical solution. The diagram below pictures the process of hydraulic fracturing. In the last few years, hydraulic fracturing has become a popular topic of debateRead MoreHydrofracking - Social Context of Business2663 Words   |  11 PagesEvaluation of Talisman Energy’s Hydraulic Fracturing Practises in Hudson Hope ABSTRACT To meet the demand of oil in today’s oil dependent society, Talisman Energy is looking to exploit a mine located in Hudson Hope, British Colombia. The most suitable extraction process is hydraulic fracturing, which currently presents several environmental concerns to the residents located near the mine, and a representation of the general public who believe that hydraulic fracturing is not an ethical method ofRead MoreFracking : A Modern Technique1680 Words   |  7 Pagesgelatinous material and ball bearing which accepting the pressurise fluids to escape of again – along with the gas. Shanon (2011) said â€Å"Thousands of gallons gelatinous materials are pumped under extremely high pressure followed by jet turbines for the fracturing of rock formations.† Source: www.google.com/image/fracking source: http://www.fraw.org.uk/ideas/fracking/index.html The first natural gas well drilled in the US by Devonian Shale in 1821.Than at 1860s, stimulator like Liquid solidified NitroRead MoreFracking: Natural Gas1936 Words   |  8 Pagesgelatinous material and ball bearing which accepting the pressurise fluids to escape of again – along with the gas. Shanon (2011) said â€Å"Thousands of gallons gelatinous materials are pumped under extremely high pressure followed by jet turbines for the fracturing of rock formations.† Source: www.google.com/image/fracking source: http://www.fraw.org.uk/ideas/fracking/index.html The first natural gas well drilled in the US by Devonian Shale in 1821.Than at 1860s, stimulator like LiquidRead MoreOil And Gas Site Conservation Essay3097 Words   |  13 Pagesas fracking. According to the Texas Railroad Commission, fracking began in Texas in the 1950s although the commission does not track the number of wells that were hydraulically fractured. Hydraulic Fracturing or Fracking is a process of pressuring a zone or portion of the drilled well to the point of fracturing or cracking the surrounding rock. The process requires millions of gallons of water which is mixed with numerous chemicals sometimes sand or other substances to prevent the cracks from closingRead MoreIndia s Production Of Shale Gas3074 Words   |  13 Pagescountries energy production self- sufficient and avoid their power plants to use fossil fuels and cause air pollution. However, renewable energy development still encounters challenges related to certain economic and environmental aspects like the high cost of technology used on its production, exploitation of vast portion of land, risk of toxic chemicals spills and soil erosion. As well the impact of construction of industrial plants, roads and transmission lines. Geothermal, wind, solar, hydroelectricRead MoreStrategic Decision Making Process Adopted By Exxonmobil Corporation3456 Words   |  14 Pagesglobally †¢ The growth abilities and state of the art research facilities †¢ Strong oil and gas reserves †¢ Reduction in the financial performance in recent year †¢ Emergencies and litigation issues †¢ Reduction in liquidity †¢ Upward trend on production cost OPPORTUNITIES THREATS †¢ Increased new oil and gas ventures – global likely emerging discoveries †¢ Rising demand for energy sources-oil and gas †¢ Unconventional oil and gas resources. †¢ Upstream and downstream development creativities †¢ Changing environmentalRead MoreEnergy And Other Natural Resources1935 Words   |  8 Pagesof energy to power the machines that would automate tasks that were once done by humans (Owen et al. 2010). Energy sources such as oil and natural gas, produce significantly larger amounts of energy than the outgoing technologies. Additionally, exploring for, developing, and extracting the energy resources demanded new technologies and exploration techniques. Oil Crude oil is a non-renewable resource extracted from the Earth and used in energy production (as well as other sectors.) Two types