Hydraulic fracturing crews headed to North Dakota
As natural gas prices bottom out at a 10-year low, energy companies are cutting back production or halting new wells. The Chicago Tribune posted an article today explaining how collapsing natural gas prices have freed up hydraulic fracturing crews around the nation that are now making their way to North Dakota where the demand is great.
Lynn Helms, director of the North Dakota Department of Mineral Resources, is quoted in the article, saying:
“Both rig count and hydraulic fracturing crews are limiting factors. Should they continue to rise together, production will not only increase, it will accelerate.”
Read the Chicago Tribune’s article on fracking crews headed to North Dakota here.
You might also be interested in a video of how hydraulic fracturing works.