Oil and gas companies are racing to find a substitute for India’s guar bean, which...
Monday, August 13, 2012, 5:31 PM ETOil and gas companies are racing to find a substitute for India’s guar bean, which produces a gel in fracking fluid that delivers proppant to hold open cracks in shale rock when it is fracked. Guar prices have eased a bit, but any substitute is still a big prize for oil services companies as they try to stabilize costs. HAL, BHI, NBR, ASH and TOLWF.PK are among firms with high hopes for their faux guar.
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