Wednesday, March 19, 2014

Oil & Gas Boom 2014: Happy 65th, Hydraulic Fracturing

This week, many people within and outside of the oil and gas industry are celebrating the 65th birthday of hydraulic fracturing. We’ll join them, but this celebration is really technically coming two years late.

It is true that 65 years ago this week, Halliburton conducted the first commercially successful application of “Fracking”, as it has come to be known, in Stephens County, Oklahoma. But the process itself was actually invented and experimented with two years earlier by Stanolind Oil and Gas Company, in the Hugoton gas field in Kansas. While those experiments did not appreciably stimulate the wells to which the technique was applied, this was the real birth of hydraulic fracturing, and since that time, the process has been safely and effectively applied to well more than a million oil and gas wells in the United States alone.

To read full article, click here.

Source: David Blackmon (

Creative Financial Staffing (CFS) is the nation’s largest, privately-held accounting and financial staffing firm. We provide qualified accounting and finance professionals on a temporary and permanent basis across a broad range of industries.

Visit our website:

Click here to locate and contact a CFS office near you