Sean W. Moran Talks Fracking Fluid Disclosures with Law360
Baker Hughes Inc., an oilfield giant, has announced that they will reveal all of the chemical ingredients in its hydraulic fracturing fluids reported an article in Law360. The announcement is one of the latest signs that energy companies are more willing to make information on their chemical ingredients public.
"It's a continuation of a general trend toward increased transparency," Sean W. Moran, shareholder at Buchanan Ingersoll & Rooney PC, told the publication. "The vast majority of the materials that [companies] use to frack a well are disclosed."
Some worry that the recent transparency from companies could make it harder for still-hesitant firms to convince regulators that they need trade secret exemptions, Law360 reported.
Read the full article – “New Fracking Fluid Disclosures Weaken Trade Secret Claims” (Law360, April 30, 2014)