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Economy |
Fracking Oil in Colorado |
2012-05-25 |
Noble Energy today opened a new operations center in Greeley and plans to double the number of horizontal wells drilled this year to 175, the company said. It employs about 750 people in Colorado and uses 120 contractors with several thousands workers, Davidson said. Drillers sink wells that run horizontally through the shale formation and then "frack" the rock by pumping in fluid under pressure to release the oil. |
Posted by:Bobby |