Title: Hydraulic Fracturing & Services Market - Forecast(2021 - 2026)
1Hydraulic Fracturing Services Market
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- Hydraulic fracturing, referred to as fracking, is
a stimulation technique used to extract oil and
gas from shale rocks. Large volumes of water
mixed with sand and chemical additives, also
called hydraulic fluid, are pumped down the
wellbore into the reservoir formations at high
pressures. - This results in small fractures, allowing the oil
and gas trapped in the rock to flow back to the
surface. The hydraulic fluid pumped into the
wellbore consists of small quantities of chemical
additives (0.8) and large quantities of water
and sand (99.2). Hydraulic fracturing service
cost varies from well to well, depending on the
number of frac stages and the depth of wells.Â
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- Key Takeaways
- Further, the costs associated with procuring
water and sand plays a major role in deciding the
fracturing service cost per well in each region. - The report deals with the market for hydraulic
fracturing and their services globally,
especially in the US and Canada where the demand
is high. - Another major market covered in the scope of the
report is China which has been aggressively
expanding its fracturing capacity over the last
two years.Â
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By Distribution Channel- Segment Analysis The
report also identifies several other countries in
Europe and Asia-Pacific with rich shale oil gas
resources that can be economically extracted.
Regulations for hydraulic fracturing in some
European countries are not favorable. However,
recent technological advancements have made the
fracturing process safer and efficient, making
many countries across the globe eager to extract
their oil and gas resources.
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- Hydraulic Fracturing Services Market  Industry
Outlook - Halliburton Co. (HAL)
- Baker Hughes Inc.(BHI)
- FTS International Inc.
- Schlumberger Ltd.
- Superior Well Services
- Cudd Energy Services
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Hydraulic Fracturing Services Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/74/G
lobal-hydraulic-fracturing-services-market-analysi
s-forecast.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
- Purchase Full Report _at_ https//www.industryarc.com
/purchasereport.php?id74
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