Horizontal drilling for oil and gas has rapidly developed over the last decade into what is considered today to be a valuable technology in the fuel industry. The nature of this enhanced recovery technique has grown in popularity and economic viability.

It is helpful when the use of conventional drilling could be considered impossible in terms of cost. Such scenarios may include drilling under buildings or roads, as well as in particular areas where surface level activities preclude the use of drilling operations.

This technique has recently been used in the extraction of natural gas

from shale. Shale is a sedimentary black rock that is rich in organic materials and is found quite commonly all over the world. Fracturing it actually utilizes less horizontal drilling for gas collection, and with many shale beds found close to cities and major urban developments, it also makes extraction more readily acceptable on a social as well as economic level.

Enhancing and encouraging the natural gas industry in developing nations might result in more common and frequent use of this fuel in converting older gasoline powered systems to the demands of a new economy that is based on gas reserves. Having larger amounts of gas ultimately benefits the economy as a whole in keeping prices down as well as cutting utility costs.

The estimated volume of shale gas that has been opened up with the use of horizontal drilling varies widely among industry experts. Conservative estimates project an approximately Tadalis SX 20% increase in worldwide reserves of natural gas. Drilling for shale gas has spread from the United States into Asia, Australia and Europe. In a growing trend, European companies are in turn purchasing interests in American shale fields in order to learn more about the specialized techniques in mapping and drilling that are required for successfully mining shale gas.

This not only creates opportunities for strengthening economic ties on a global level, does female cialis work but it is set to bring a new sense of stability to local economies as well. With expanded operations in a new market, the creation of more jobs and the opening up of market opportunities for new businesses in ancillary services supplying the natural gas industry should follow.

Author Bio: Author is a freelance Kamagra jelly writer. For more information on Chris Jent on oil and gas, please visit http://www.chrisjent-tde.com/page2.html.

Category: Business
Keywords: oil and gas