Thursday, September 26, 2024

Oil Giants Use Size to Overcome Fracing Challenges

From The Wall Street Journal Fracking is entering a new expansion phase in this Canadian town more than 2,000 miles from the center of the U.S. oil boom—one that heavily favors the world’s energy giants. Chevron Corp. CVX -0.05% is laying the groundwork here for what it calls a “factory model” for shale drilling, master planning an entire region of small shale wells by locking

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