☰ Menu
Ohio Utica Shale

Fracking expected to boom worldwide in 2012

By Bob Downing Published: January 21, 2012

Spears & Associates reported that hydraulic fracturing or fracking is expected to grow 19 percent worldwide in 2012 to a record $37 billion, Bloomberg News said.

North American spending on the technique is expected to top $30 billion in 2012, according to the Oklahoma-based company. It advises about 400 oil producers, hedge funds, equipment suppliers and manufacturers on energy-industry trends.

North America accounted for 87 percent of the fracking market in 2011.

The eastern United States including Ohio, Pennsylvania and West Virginia with the Utica and Marcellus shales accounted for $2 billion in fracking in 2011, Spears said..

In the United States, 19,000 new horizontal wells are expected in 2012, up from 2011's record-high 16,000, said Spears.

More than half of the fracking services in the United States were provided by four companies: Halliburton Co., Schlumberger Ltd., Baker Hughes Inc.'s BJ Services and Frac Tech Services LLC.

Halliburton is No. 1 with 18 percent, followed by Schlumberger with 13 percent, Spears said.

Those companies do the fracking for energy companies like Oklahoma-based Chesapeake Energy Corp., the biggest player in Ohio's Utica shale.




See the most recent drilling report and an injection wells map From
  • Main Blog Promo
  • Browns Blog Promo
  • Indians Blog Promo
  • Beer Blog Promo
  • Fracking Blog Promo
  • High School Blog Promo
  • Zips Blog Promo
  • Akron Dish Food Blog
Prev Next

Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.