Fracking boosts oil production in mature Russian fields

October 16, 2012

Although the Russian gas industry considers hydraulic fracturing a threat to its market position and has tried to derail its use in Europe, the Russian oil industry has embraced the technologies and is using it to boost production in its mature oil fields.  Already the second largest producer of oil in the world, the Energy Information Agency reports that Russian fracking has put the industry on pace to increase its already high production levels in 2012.



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: