Baker Hughes and Halliburton have confirmed that they received information demands from the Justice Department as part of an antitrust investigation into the nation's pressure pumping business, the biggest part of which is hydraulic fracturing. Reuters has a report here, and The Wall Street Journal has a later report here (paywall-protected). Baker Hughes disclosed the action in its latest quarterly regulatory disclosure, where it said DOJ is seeking documents and information for the period from May 29, 2011,through May 30, 2013, Reuters said. Fort Worth-based FTS International, formerly Frac Tech, was not immediately available to say if it had received a similar demand. FTS has said it considers itself the No. 4 pressure pumping company in the U.S., behind Halliburton, Baker Hughes and Schlumberger.
-- Jim Fuquay