Horizontal drilling into shale rock using multiple fractures (fracs) has “clearly” changed the game for the U.S. natural gas industry, but the drilling process also has the potential to give conventional gas formations, like tight gas sands, an economic boost, Raymond James & Associates Inc. said last week.
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Horizontal Drilling Shows Promise in Conventional Gas Formations
Horizontal drilling into shale rock using multiple fractures (fracs) has “clearly” changed the game for the U.S. natural gas industry, but the drilling process is showing the potential to give conventional gas formations, like tight gas sands, an economic boost, Raymond James & Associates Inc. said Monday.
September 29, 2009