Full Disclosure: Schlumberger, Hydraulic Fracking and the Public Access Debate
Oilfield services giant Schlumberger is pushing its suppliers for permission to reveal the chemicals used in hydraulic fracturing, a technique used to access oil and gas trapped in hard-to-reach shale formations, Bloomberg reported Tuesday. Fracking has been used for decades. But it has become the subject of a recent regulatory and public disclosure debate spurred by standalone bills in the House and Senate that seek to end an exemption for hydraulic fracturing within the Safe Drinking Water Act. The Environmental Protection Agency would regulate the process and new public disclosure rules would be implemented, under measures outlined in the bill. Hydraulic fracturing pumps a mix water, sand and a small portion of chemicals under high pressure through a steel casing to reach oil and gas reservoirs typically located between 6,000 feet…
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