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.
Fracking, or hydraulic fracturing, is a controversial process for extracting oil and natural gas from the ground It's spreading across the US despite there being a lot of concerns about it. A typical oil well is built straight down and pumps out all of the oil and natural gas that is deep down in the earth. But after continual use, these oil wells can start coming up dry. So fracking involves angling the drill horizontally into the rock layer and then blasting water at high pressures (this is why its called hydraulic) to release natural gas.