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OGFJ: Hydraulic Fracturing and the Shale Gas Boom

Release
WASHINGTON, D.C., April 18, 2011 -- In the April 2011 issue of Oil & Gas Financial Journal, Baker Botts L.L.P. lawyers Dan Steinway and Tom Jackson write about how despite a long history of successful regulation of hydraulic fracturing operations by the states, and the safe and effective use of the technology in the United States, increased production of shale gas has given rise to concerns among environmental and citizen groups.

Notwithstanding the absence of any hard evidence that hydraulic fracturing used in the production of shale gas has impacted drinking water resources, regulators and legislators at both the federal and state levels have taken steps to address these concerns by imposing additional regulatory requirements on hydraulic fracturing.

These new requirements “could significantly impact the nation’s energy security,” Dan and Tom note in their article.

The complete article is available here.



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