Climbing Out: Rebounding Natural Gas and Crude Oil Prices Will Revive Industry Growth
Hydraulic fracturing, commonly known as fracking, is a specialized technique to extract crude oil and natural gas from otherwise inaccessible shale formations. Combined with horizontal drilling, hydraulic fracturing has rapidly grown US petroleum and natural gas production. The Oil Drilling and Gas Extraction industry (report 21111) invested substantial capital in contracting the Hydraulic Fracturing Services industry to stimulate oil and gas well production.
This industry provides hydraulic fracturing services for oil and natural gas extraction companies. Wells that have been hydraulically fractured are able to access otherwise largely inaccessible tight oil, shale gas and tight gas.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Halliburton Company
Methodology
LOADING...