Energy companies are taking their controversial fracking operations from the land to the sea -- to deep waters off the U.S., South American and African coasts.
Cracking rocks underground to allow oil and gas to flow more freely into wells has grown into one of the most lucrative industry practices of the past century. The technique is also widely condemned as a source of groundwater contamination. The question now is how will that debate play out as the equipment moves out into the deep blue. For now, caution from all sides is the operative word.
“It’s the most challenging, harshest environment that we’ll be working in,” said Ron Dusterhoft, an engineer at Halliburton Co., the world’s largest fracker. “You just can’t afford hiccups.”
Offshore fracking is a part of a broader industrywide strategy to make billion-dollar deep-sea developments pay off. The practice has been around for two decades yet only in the past few years have advances in technology and vast offshore discoveries combined to make large scale fracking feasible.
TVNL Comment: Just in case we haven't contaminated the oceans enough....here's another way to do it. Where is the outrage? Just asking...