1 Trusts: A trust must be set up before you can designate one or more trustee and name the trust beneficiaries. 2  Charity: You can name a charity as either the primary or contingent beneficiary. 3  Key person life insurance: It is a common practice for a business to purchase life insurance on key personnel in the company.
Hydraulic fracturing, or âfrackingâ , is the process of drilling and injecting fluid into the ground at a high pressure in order to fracture shale rocks to release natural gas inside. There are more than 500,000 active natural gas wells in the US.
A hydraulic fracture is formed by pumping fracturing fluid into a wellbore at a rate sufficient to increase pressure at the target depth (determined by the location of the well casing perforations), to exceed that of the fracture gradient (pressure gradient) of the rock.