Friday, February 23, 2018

SUPERSIZED FUTURE OF USA FRACKING

  CALGARY HERALD:  In the scrublands of West Texas there’s an oil-drilling operation like few that have come before.
  Encana Corp.’s RAB Davidson well pad is so mammoth, the explorer speaks of it in military terms, describing its efforts here as an occupation. More than 1 million pounds of drilling rigs, bulldozers, tanker trucks and other equipment spread out over a dusty 16-acre expanse. As of November, the 19 wells here collectively pumped almost 20,000 barrels of crude per day, according to company reports.
  Encana calls this “cube development,” and it may be the supersized future of U.S. fracking, says Gabriel Daoud, a JPMorgan Chase & Co. analyst who visited Davidson last year. The technique is designed to tap the multiple layers of petroleum-soaked rock here in Texas’s Permian shale basin all at once, rather than the one-or-two-well, one-layer-at-a-time approach of the past.

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