Thursday, October 4, 2012

Chesapeake Energy Corp. tests environmentally 'green' fracking liquids via Dallas Business Journal

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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