Companies using hydraulic fracturing, or fracking, to produce natural gas include major players like ExxonMobil, Chevron, and ConocoPhillips. These companies typically target shale formations, such as the Marcellus Shale in the northeastern U.S. and the Permian Basin in Texas, where fracking has significantly increased extraction efficiency. The process involves injecting high-pressure fluid to create fractures in the rock, allowing natural gas to flow more freely. Fracking has revolutionized the natural gas industry, boosting production and driving down prices.
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