Download now: King Coal Triple Play

Non-Toxic Fracking Fluids

Halliburton (NYSE: HAL) Develops Natural Fluid

Written by Swagato Chakravorty
Posted February 6, 2013

Fracking has always been a highly contentious issue. The oil and gas industry champions the process, defending it as key to the ongoing shale boom pervading North America, while environmentalists and clean-energy groups oppose it fiercely, citing the risks of potential pollution and groundwater contamination.

Now, the industry is trying another tack, developing non-toxic fluids for use during fracking.

CleanStim, a product engineered by Houston, Texas’s Halliburton Inc. (NYSE: HAL), relies on ingredients commonly used in the food industry. It's just one of several such non-toxic fracking fluids.

ABC News reports:

"Halliburton is in the business to provide solutions to our customers," said production manager Nicholas Gardiner. "Those solutions have to include ways to reduce the safety or environmental concerns that the public might have."

Environmentalists are still concerned about the enormous quantities of natural, but highly salty, wastewater and air pollution that remain part of fracking.

What’s encouraging, however, is that so far, one of the most widely-touted downsides of fracking—contamination of underwater drinking water aquifers—has not come to pass with Halliburton's product.

One major obstacle to widespread adoption of CleanStim and similar products is that shale rock varies widely by geography, meaning one fluid does not, and cannot, serve in all fracking operations.

But it’s a good start, and more such products could emerge in the near future.

 


Energy demand will increase 58% over the next 25 years.

Trillions will be spent to secure the world's energy supply over the next two decades... and all sources are on the table.

Oil, Natural Gas, Solar, Wind. There will be money made.

Follow the money trail. Sign up for Energy and Capital now--It's free.

We never spam! View our Privacy Policy

By signing up, you'll also get our latest report, Six Oil & Gas Steals.


Related Articles

Solving Fracking's Water Issue
The EPA has evaluated homeowner water wells near fracking operations and determined that no chemical or pollutant occurred in a quantity worthy of further regulation or action. But if that's not good enough for you, consider this...
Fracking Around the World
The United States has been wildly successful with unconventional natural gas development... can the UK follow in its footsteps to success?
Fracking Water
Energy and Capital editor Keith Kohl shows investors a very profitable alternative to hydraulic fracturing and its fracking water problem.


Invest in the Lithium Revolution
Lithium Demand is Going Berserk
Investing in the Tesla (NASDAQ: TSLA) Powerwall
Tesla (NASDAQ: TSLA) Just Killed Your Power Company
Tesla (NASDAQ: TSLA) Powerwall Investing
How to Make $800 Million in One Week!
Putin and Saudi Arabia: Oil Dream Team Meet
Marijuana Bank Investing
3 Guaranteed Profits: Gambling, Prostitution, and...