Providers

Eight out of nine major national and regional hydraulic fracturing (hydrofracking) service providers have agreed to submit “timely and complete information” to help the Environmental Protection Agency (EPA) conduct its study on hydrofracking and its impact on drinking water quality, the EPA said last week. Halliburton, after failing to comply with the agency’s voluntary requests for information, has been subpoenaed.

Eight out of nine major national and regional hydraulic fracturing (hydrofracking) service providers have agreed to submit “timely and complete information” to help the Environmental Protection Agency (EPA) conduct its study on hydrofracking and its impact on drinking water quality, the EPA said Tuesday. Halliburton, after failing to comply with the agency’s voluntary requests for information, has been subpoenaed.

Eight out of nine major national and regional hydraulic fracturing (hydrofracking) service providers have agreed to submit “timely and complete information” to help the Environmental Protection Agency (EPA) conduct its study on hydrofracking and its impact on drinking water quality, the EPA said Tuesday. Halliburton, after failing to comply with the agency’s voluntary requests for information, has been subpoenaed.

The Environmental Protection Agency (EPA) has sent letters to nine major national and regional hydraulic fracturing (hydrofracing) service providers to assess the impact of the natural gas production practice on drinking water quality and public health.

The Environmental Protection Agency (EPA) has sent letters to nine major national and regional hydraulic fracturing (hydrofracing) service providers to assess the impact of the natural gas production practice on drinking water quality and public health.

Seadrill’s majority-owned subsidiary Seawell Ltd. and Allis-Chalmers Energy Inc. have become the latest oilfield service providers to merge, announcing late Thursday that they would combine in a transaction valued at $890 million, including debt.

Drilling is still ongoing in the shallow waters of the Gulf of Mexico (GOM), but producers and rig providers are “uncertain” as to how long this will continue. They say they have received “mixed signals” from the Interior Department’s Minerals Management Services (MMS) in recent days over whether they can proceed with any drilling in the Gulf, no matter what the water depth.

Drilling is still ongoing in the shallow waters of the Gulf of Mexico (GOM), but producers and rig providers are “uncertain” how long this will continue. They say they have received “mixed signals” from the Interior Department’s Minerals Management Services (MMS) in recent days over whether they can proceed with any drilling in the Gulf, no matter what water depth.

Three associations representing electric and natural gas utilities and power providers have called on Congress to exempt end-users from having to clear over-the-counter (OTC) derivative transactions that are used to hedge against commodity price risk. While supporting the clearing of derivative transactions involving large dealers in OTC legislation being considered by Congress, they said they opposed any mandate requiring “all or most” OTC derivative transactions to be centrally cleared or traded on regulated exchanges, saying this ultimately would increase prices to retail gas and electric customers.