Relating to the disclosure of the composition of hydraulic fracturing fluids used in hydraulic fracturing treatments.
If passed, HB3328 would significantly modify the existing regulatory framework governing hydraulic fracturing in Texas. By instituting specific disclosure requirements, the bill would increase accountability among operators, potentially minimizing risks associated with the use of certain chemicals in hydraulic fracturing fluids. This legislative change is expected to improve monitoring of environmental impacts and ensure that local communities are better informed about the practices occurring in their areas. Proponents of the bill assert that enhanced transparency will contribute to the protection of groundwater resources and foster public trust in hydraulic fracturing operations.
House Bill 3328 focuses on the disclosure requirements for the composition of hydraulic fracturing fluids used in hydraulic fracturing treatments in Texas. The bill mandates that operators of wells performing hydraulic fracturing must complete a specific form detailing the total volume of water used and all chemical ingredients in accordance with federal regulations. This information must be published on a publicly accessible website and presented in the well completion report submitted to the state commission. This initiative aims to enhance transparency in the hydraulic fracturing process, particularly regarding environmental safety and public health concerns.
Opponents of HB3328 have raised concerns regarding the balance between transparency and the protection of trade secrets. The bill allows for certain information to be withheld as trade secrets, which critics argue could undermine the overarching goal of full transparency. There is also apprehension that the requirement for public disclosure could lead to increased regulatory burdens on operators, potentially impacting business operations and economic viability in the energy sector. The discussions around HB3328 highlight the ongoing tension between environmental oversight and industry interests.