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[Analytical & Intelligence Comments] RE: France: The Potential for a Europe-Wide Anti-Fracking Movement

Released on 2012-03-01 01:00 GMT

Email-ID 1370900
Date 2011-05-13 13:29:17
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Very insightful article although please keep in mind that the French do
indeed have significant corporate expertise in High Pressure Fraccing. The
French Oilfield Services company, Schlumberger, has the second largest High
Pressure Frac fleet in the world, behind Halliburton. Schlumberger has
approximately 1.8mln frac horsepower, 1.5mln of which is in N. America. This
sevice line represents approximately $5.6bln in revenues for the French
corporate giant in 2010. This doesn't weaken your argument, but it is
reflective of the high politics at play in Paris.

Rolle Hogan