A waterless fracking company is having its innovative method put to work in Ohio’s Utica shale play.
GasFrac Energy Services Inc. has started fracturing its first trial well in the Utica shale. Multiple oil and gas companies have ownership in the well and are waiting on the results .
The Calgary headquartered company uses gelled propane – not water – during hydraulic fracturing. If successful, the technique would be an environmental boon for the industry that typically uses millions of gallons for each well it drills.
Ohio’s recent regulation of earthquakes caused by oil and gas activity could boost the fracking method, too, since not using water to create cracks in shale could lessen seismic activity.
Production should begin in December.
GasFrac also operates in Texas and Canada, announcing recently a three year deal with Husky Energy.
(Source: Columbus Business First)