Hydraulic Fracturing & Services Market: By Resources (Water Demand, Proppant Demand, Chemical Additives and Others), By Application (Well Simulation, Well Construction,Waste Disposal) and By Geography - (2011 2020) Published Date: 22nd June, 2014 Number of Pages: 190 Contact: Sanjay Matthews sales@industryarc.com #: +1-614-588-8538 (Ext: 101)
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ď ś Hydraulic Fracturing, also known as Fracking, Fraccing, Hydrofracking, Hydrofracturing is a stimulation technique used to extract oil and gas from shale rocks. ď ś A large volume of hydraulically mixed liquid made of water, sand and chemical additives, is pumped down the wellbore into the reservoir formations at high pressures. This process results in small fractures, allowing the oil and gas trapped in the rock to flow back to the surface. Contact; #: +1-614-588-8538 (Ext:101) / Email: sales@industryarc.com
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ď ś Hydraulic fracturing service cost varies from well to well, depending on the number of fracturing stages and the depth of wells. Further, the costs associated with procuring water and sand plays a major role in deciding the fracturing service cost per well in each region.
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Main drivers of this Market being: •
Growing Exploration Activities in unconventional oil & gas resources.
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Growing energy demand from major industries.
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Future demand for Oil & Gas.
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ď ś According to IndustryARC, Hydraulic Fracturing Services Market is set to grow at a CAGR of 11% by 2020. ď ś Some of the companies which hold a major share in the Hydraulic Fracturing Services include Halliburton Co., Baker Hughes Inc., Superior Well Services and Others.
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ď ś A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Hydraulic Fracturing Services Market and future opportunities are provided in the report.
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ď śYou Can Customize the Report as Per Your Need. We have included Some Customization Options: i. Company Profile ii. Analyst Briefing iii. Data Tables iv. Key Contacts v. Free Customization
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For More Details, Contact
Mr. Sanjay Matthews Sales Manager
#: +1-614-588-8538 (Ext: 101) sales@industryarc.com
Contact; #: +1-614-588-8538 (Ext:101) / Email: sales@industryarc.com
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