Download now: Cannabis Cash

Non-Toxic Fracking Fluids

Halliburton (NYSE: HAL) Develops Natural Fluid

Written by Swagato Chakravorty
Posted February 6, 2013 at 3:57PM

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.


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 Water
Energy and Capital editor Keith Kohl shows investors a very profitable alternative to hydraulic fracturing and its fracking water problem.
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?


The Rent is Too Damn High and Other Oddities
Is it Safe for You to Buy Coal Stocks Yet?
Shedding Light on the Death of the Coal Industry
Investing in the Future of Solar
How to Profit Like an Investment Banker
Without the ITC, is Solar Still a Good Investment?
Will THIS Kill the Solar Industry?
The Secret Behind the Gatwick Gusher
Is the UK Running Out of Options?
An OPEC Civil War Erupts
Strange Things Afoot in the House of Saud
Energy Utilities NEED the Internet of Things
Stay connected to stay on target!
The Lithium Revolution Just Got Hotter
Utility-Scale Lithium Batteries Taking Off
Metal Oil Investing 101
Meet the Oil of the 21st Century
The Rent is Too Damn High and Other Oddities