whats important to note here is that the fracturing is not new technology, it is commonly used in Oil and Gas drilling for well optimisation. These wells already have a proven natural fracture feild along the horizontal plain.
This test is primarily being undertaken because of the undercapitalisation of the whole industry. The momentum being gathered through GRK and GDY (amongst others) will help address this issue of undercapitilisation.
GRKs pathe to market is that of low risk (staged roll out) when looking in comparison to GDY (deep wholes, high temperatures high capital risk). Indeed should GDY get real successes and should all go well for GRK undercapitalisation should disappear pretty quickly.
whats important to note here is that the fracturing is not new...
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