With the numerous environmental problems cited for fracking — not mentioned in the piece referenced here — let’s move on to a practical reality: The production volume of these wells, according to numerous sources, ramps up quickly AND THEN DROPS like the proverbial brick.
This makes getting a decent return-on-investment difficult. It would become an extremely difficult (or impossible) hurdle if the market price for crude oil (or natural gas) starts to decline.
Here’s an article about technical details of “future Bakken production and hydrofracking.” One quote of note:
The ferocity of the decline rates of these wells is part of the reason that they are called unconventional, since they do not behave in the same manner as a conventional well, nor can they be developed in a similar way.
Source: http://electricalcontractor.com/?p=9535
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