Chesapeake Energy Corp. is testing hydraulic fracturing fluids composed entirely of environmentally friendly ingredients, according to a report by Bloomberg.
Oklahoma City-based Chesapeake (NYSE: CHK), the nation's second largest natural gas producer behind Irving-based Exxon Mobil Corp. (NYSE: XOM), plans to develop a 100 percent green mixture to be used in the operations that involving injected fluids underground to release trapped natural gas.
Chesapeake operates its Barnett Shale operation from a headquarters in Fort Worth. Fracking, as the process is called, is a common practice in shale formations such as the Barnett.
Read more...Chesapeake Energy Corp. tests environmentally 'green' fracking liquids - Dallas Business Journal
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