Gas Extraction

Horizontal Drilling: Drilling that begins vertically but shifts direction to drill horizontally within an oil-rich formation
Horizontal Drilling involves a drilling technique that initially drills vertically but transitions into horizontal drilling within an oil-rich formation. This method enables the extraction of oil and gas from formations that are not accessible through conventional vertical drilling.
Hydraulic Fracturing (Fracking): A Process of Extracting Oil or Gas by Injecting High-Pressure Fluid into Subterranean Rocks
Hydraulic fracturing, commonly known as fracking, is a technique used to extract oil and gas from shale formations. This process involves the injection of high-pressure fluid into subterranean rocks to create fractures and release hydrocarbons.
Horizontal Well: Definition, Functionality, and Applications
A comprehensive guide to horizontal wells, including their definition, functionality in oil and gas extraction, and practical applications in the energy industry.
Wellbore: Definition, Function, and Examples
A comprehensive guide to understanding wellbores, their functionality in natural resource extraction, and examples of their applications in oil, gas, and water exploration.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.