Shale players look to crack efficiency

BLOOMBERG

By Noah Brenner

 09 December 2011 01:21 GMT

SHALE players are looking to build on the advances in horizontal drilling and fracturing that eventually unlocked the unconventional plays but they are also pushing advances in new areas to make development more efficient and to reduce its impacts.

Shale plays require far more wells to tap than conventional reservoirs so field planning is more important than in conventional plays, especially inter­nationally, where drilling is competing with many other users, Halliburton president Tim Probert said during a panel discussion at the Jefferies Global Energy Conference, last week.

Halliburton, one of the largest fracturing contractors in the world, is working to reduce the amount of land needed to site a frac spread by about 50% through better planning and advances in equipment.

“The current hydraulic fracturing set up was made for much smaller…

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