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Hydraulic fracturing [a] is a well stimulation technique involving the fracturing of formations in bedrock by a pressurized liquid. The process involves the high-pressure injection of "fracking fluid" (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep rock formations through which natural gas, petroleum ...
Liberty Energy Inc. is an American onshore oilfield services company based in Denver, Colorado. [1] Liberty Energy was founded by CEO Chris Wright in 2011. [2] [3]
According to oilfield services company Halliburton, as of 2013 more than 1.1 million hydraulic fracturing jobs have been done in the United States (some wells are hydraulically fractured more than once), and almost 90% of new US onshore oil and gas wells are hydraulically fractured. [35]
In 2011, Wright founded Liberty Energy, the Denver-based oil and gas company that has worked primarily in hydraulic fracturing, the drilling technique known as fracking that blasts bedrock with ...
This is a list of oilfield service companies – which provide services to the petroleum exploration and production industry but do not typically produce petroleum. In the list, notable subsidiary companies and divisions are listed as sub-lists of their current parent companies.
U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, as robust demand for natural gas equipment and services helped offset weak sales of its ...
Calfrac Well Services Ltd. is an oilfield services company operating in Canada, the United States, and Argentina. Services include hydraulic fracturing, coiled tubing, cementing and other well stimulation techniques designed to help increase the production of oil and natural gas.
A Rail King rail car mover. The company manufactures oilfield equipment that includes truck, trailer, and skid mounted fracturing blenders and pumpers and units for chemical additive, cementing, coiled tubing, nitrogen pumping, controls, and power generation equipment; land-based drilling, workover, and well servicing rigs; and Rail King railcar movers. [4]