Houston-based oilfield services heavyweight Halliburton (NYSE: HAL) has introduced a first-of-its-kind fracture fluid system comprised of materials sourced entirely from the food industry. The solution, which will be marketed under the trade name CleanStim Formulation, is an integral part of the company's new CleanSuite line of products.
"Halliburton pioneered fracturing technology more than 60 years ago, but the safe and efficient use of this technology has never been more important or in greater demand than it is right now," says David Adams, vice president of Halliburton's production enhancement product service line. "With the announcement of our CleanStim Formulation and the CleanSuite line, we believe we've effectively set a new standard for how unconventional resources may be accessed and produced in the future."
As part of this effort, the company also announced the launch of new content on its microsite designed to provide the public with information related to the identity and common uses of the additives and constituents generally involved in the hydraulic fracturing process–additives that typically comprise less than one-half of 1% of the total water-and-sand-based solution.
"Halliburton has just made available new web pages to emphasize our forthright disclosure of the additives and constituents that are used for several typical wells in Pennsylvania. We believe this effort represents an important and substantive contribution to the broader long-term imperative of transparency," Adams adds.
While the initial focus of the additive disclosure pages are limited to activities taking place in Pennsylvania, where development of the Marcellus shale is already well under way, the company is committed to continuing to provide hydraulic fracturing fluid disclosure information for every U.S. state in which Halliburton's fracture stimulation services are in use.
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