If you have two people working for your company and know you will work a total of 4,000 hours annually, you can divide your total overhead expenses by 4,000 and add that figure to each job hour you bid.
Hydraulic fracturing is a process used in nine out of 10 natural gas wells in the United States, where millions of gallons of water, sand and chemicals are pumped underground to break apart the rock and release the gas.ydraulic fracturing is a process used in nine out of 10 natural gas wells in the United States, where millions of gallons of water, sand and chemicals are pumped underground to break apart the rock and release the gas.
(Verb) Slang term for hydraulic fracturing. Fracking is the drilling method that uses water, sand and other additives to expand fissures in underground rocks to free oil or natural gas trapped within them.Before the development of fracking, it was not commercially viable to try to mine these resources with existing technology.(Noun) hydraulic fracturing.(Noun) hydraulic fracturing; the process of creating cracks in rock formations by injecting fluid into cracks to force them open to collect the gas that seeps out. (Noun) The extraction of natural gas through the process of hydraulic fracturing.racking is the drilling method that uses water, sand and other additives to expand fissures in underground rocks to free oil or natural gas trapped within them. Before the development of fracking, it was not commercially viable to try to mine these resources with existing technology. (Noun) hydraulic fracturing.