A bet to procure a big reserve of guar gum, an additive used in hydraulic fracturing (fracking) fluid, proved to be a costly mistake in the second quarter, Halliburton Co. CEO Dave Lesar told energy analysts on Monday.
Additive
Articles from Additive
Hess, CONSOL to Partner in Utica Shale
On the heels of a mega Marcellus Shale partnership agreement in August, CONSOL Energy Inc. on Wednesday announced that Hess Corp. would become its partner on half of its nearly 200,000 acres in the prospective Utica Shale in eastern Ohio.
September 8, 2011
Halliburton Discloses Fracking Fluids
Oil field services provider Halliburton Co. Monday announced that it will publicly disclose fluids used in hydraulic fracturing (fracking) activities, has set up a website to carry this out, and has introduced a first-of-its-kind ecofriendly fracture fluid system made up of materials sourced entirely from the food industry.
November 16, 2010
Floor Debate of Senate Energy Bill Expected Next Week
The Senate is expected to begin consideration of the omnibus energy bill early next week, aides to Senate Majority Leader Bill Frist (R-TN) and the Senate Energy and Natural Resources Committee said.
June 9, 2005
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