Analytical models and numerical simulation are important means to increase understanding and to enhance efficiency of hydraulic fracturing. The reasons for developing and using them are clearly explained, for instance, by Mack and Warpinski . Thus, there is no need to dwell on them. Rather we focus on improving analytical and numeric methods used to the date. Our objective is to suggest new approaches for developing accurate, robust and stable simulators on the basis of recent analytical and computational findings [2-6].
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