New Oil and Gas Extraction Technique Saves Time and Money in the Permian
July 30, 2025
July 30, 2025
HOUSTON, Texas, July 30 -- Chevron, an energy company, issued the following news release:
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New oil and gas extraction technique saves time and money in the permian
Triple-frac reduces costs per well by 12%.
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After the oil and gas industry began using hydraulic fracturing in shale plays, it took less than 20 years for the U.S. to go from a net importer of oil to a net exporter of oil.
"Without hydraulic fract . . .
* * *
New oil and gas extraction technique saves time and money in the permian
Triple-frac reduces costs per well by 12%.
*
After the oil and gas industry began using hydraulic fracturing in shale plays, it took less than 20 years for the U.S. to go from a net importer of oil to a net exporter of oil.
"Without hydraulic fract . . .