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Oil and gas companies are racing to find a substitute for India’s guar bean, which...
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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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1900 and 400 employees to market and manufacture fracking agents
that they have developed.
(to replace India's Gaur bean which is in short supply and as a result becoming very costly due high demand)
It sure is nice to hear USA companies solve a problem and hire additional employes with no help or interference from the Obama Crew.