DOJ launches pressure pumping services antitrust investigation

July 26, 2013
The US Department of Justice has begun an antitrust investigation of companies supplying pressure pumping services to oil and gas producers.

The US Department of Justice has begun an antitrust investigation of companies supplying pressure pumping services to oil and gas producers.

A spokeswoman told OGJ that DOJ’s antitrust division is investigating the possibility of anticompetitive practices in the oil field services segment, but would not name any companies which are being contacted.

Baker Hughes Inc. said in its latest 10Q filing with the US Securities and Exchange Commission that it received a Civil Investigative Demand from DOJ on May 30 seeking documents from the past two years related to its US pressure pumping services operations.

It said it was working with DOJ to provide the requested documents and information.

Contact Nick Snow at [email protected].

About the Author

Nick Snow

NICK SNOW covered oil and gas in Washington for more than 30 years. He worked in several capacities for The Oil Daily and was founding editor of Petroleum Finance Week before joining OGJ as its Washington correspondent in September 2005 and becoming its full-time Washington editor in October 2007. He retired from OGJ in January 2020.