ExxonMobil Calls for Hydraulic Fracturing Fluid Disclosure in Europe

Exxon Mobil Corporation has called for the adoption of a systematic hydraulic fracturing fluid disclosure program in Europe to provide further information to communities, policymakers and regulators about natural gas development technologies.

“ExxonMobil believes that a comprehensive disclosure program allows citizens and communities to consider this technology with a strong factual foundation. We believe that will lead to open discussion about environmental protection and risk management, and the potential benefits of shale development in Europe, said Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, in a keynote speech at CERAWeek 2012 in Houston.

“Natural gas from shale holds tremendous promise in many places in Europe due to its lower carbon intensity and suitability for power generation, but we want policymakers and the public to be confident that it can be produced safely and responsibly,” added Tillerson in a keynote speech at CERAWeek 2012 in Houston.

ExxonMobil pointed to its commitment to disclosure of hydraulic fracturing fluids by working with U.S. state regulatory agencies to help create the FracFocus website, an online registry where companies submit data about chemicals used in the hydraulic fracturing of oil and natural gas wells. The site is managed through a partnership with the Ground Water Protection Council and the Interstate Oil and Gas Compact Commission. The industry giant proposed that a similar initiative be developed in Europe.

“ExxonMobil believes that a comprehensive disclosure program allows citizens and communities to consider this technology with a strong factual foundation. We believe that will lead to open discussion about environmental protection and risk management, and the potential benefits of shale development in Europe,” Tillerson said.

By disclosing the specific content of the small amount of chemicals mixed with the water and sand for hydraulic fracturing, Tillerson said industry provided important information to those interested in shale development. Today, FracFocus in the U.S. allows communities and policymakers in the area of a potential drilling site to understand the components of fracking fluids – and to recognize that the majority of ingredients are safe and already widely used in many other applications, including consumer products.

Tillerson said industry should share its experiences and knowledge in this area with policymakers, regulators and communities.