CERAWeek: Shale development is all about the equipment

摘要

Those who have experienced the "shale gale" in North America have lived with the frenzy that this resource has kicked off. Shale gas and oil hold the promise of pushing the U.S. toward energy independence. But none of this is possible without the service and supply industry, according to speakers at the CERAWeek conference held in Houston.Drilling a horizontal, multistage fractured well requires considerably more manpower and equipment than a conventional vertical well. Ensuring that the right tools are on hand, such as a drilling rig, a frac unit, proppant and frac fluid, at the right time and in the right amounts is a delicate balancing act, and well costs can skyrocket if one of the pieces is not in place.