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New Chesapeake Energy technique increases fracked well production by 70 percent

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Chesapeake Energy, the Utica Shale's biggest driller, figured out how to get as much as 70 percent more production from a fracked well in Louisiana. The company calls it "propageddon".

From The American Interest web site:

"If there’s one defining characteristic of the American shale revolution, it’s innovation. While OPEC’s petrostates have been forced to sit idly by and endure low oil prices these past two years, U.S. frackers have tackled the bargain crude problem with relentless tenacity, constantly working to find new ways to extract more crude from shale formations for less money and in less time.

"The latest example of this comes to us courtesy of Chesapeake Energy, one of America’s biggest shale firms, which just found a way to massively increase production from its wells through the use of 'monster fracking.'"

Read the whole thing here.


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