Schlumberger chairman says shale-gas production can improve

12/8/2011 | Nasdaq.com

The oil and natural gas industry is capable of increasing the efficiency of shale natural gas production, said Andrew Gould, chairman of Schlumberger. "Methods of extraction are going to evolve and be done with less waste," Gould said. "This is going to be absolutely essential because of land-use problems, environmental problems and the use of water," he added.

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