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Oil and gas companies are racing to find a substitute for India’s guar bean, which...

Oil 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.
Comments (2)
  • It is nice to hear the Haliburton and Baker Hughes are going to add
    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.
    13 Aug 2012, 06:07 PM Reply Like
  • Why not use the GASFRAF ENERGY SERVICES?
    14 Aug 2012, 03:07 PM Reply Like
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