Halliburton studying frack chemical disclosure

PITTSBURGH (AP) – The oil and gas industry supplier Halliburton isn’t committing to disclose the chemicals in hydraulic fracturing fluid, after a major competitor made a surprise announcement to do so.

Houston-based Halliburton says in a Friday statement that it’s studying the move by Baker Hughes, another major supplier.

Halliburton says they “have an interest in protecting our intellectual property and the substantial investment it represents” and will examine the new Baker Hughes format for its ability to protect such investments.

Baker Hughes, also of Houston, says that over the next few months it will disclose all chemicals in frack fluid, with no exemptions for trade secrets. The fluid is used in the drilling process.

Environmental groups and regulators say a loophole that allows companies to hide trade secrets is a problem.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s