August 2012

Page 12

INDUSTRY

NEWSLINE

NGWA Focus Conference and Fracturing Forum Draws Interest Industry professionals from 20 states attended the National Ground Water Association’s Focus Midwest Conference on Groundwater Issues and Hydraulic Fracturing Forum, June 26-27 in Columbus, Ohio. Frank Schwartz, Ph.D., Ohio State University and editor-in-chief of NGWA’s technical publication strictly for groundwater hydrogeologists, Ground Water, keynoted the event and shared his research on the Prairie Pothole Lakes and how they illustrate patterns of surface water and groundwater interaction and the important role of groundwater. Additionally, such issues as the frequent occurrence of naturally occurring contaminants emerged as well as the reality of what is available for consumption and what people are willing to drink. The effects of flooding on private wells and groundwater-based public systems were addressed and some effective

remedial actions were shared. Presenters from government and industry addressed common misperceptions relative to hydraulic fracturing and related activities, and when pressed, none could cite a documented case of hydraulic fracturing contaminating groundwater. Greater effort is being devoted to treating and reusing produced water on-site due to the expense of transporting wastewater and potential environmental impacts. Regulators from Ohio, Kentucky, and North Carolina addressed activities in their states related to current hydraulic fracturing, pending regulations, or alternatives to the process. To register for the upcoming NGWA Focus Conference on Gulf Coast Groundwater Issues, October 16-17 in Baton Rouge, Louisiana, visit www.NGWA.org.

New Home Sales Jump to Two-Year High Transport Topics reports new home sales jumped 7.6% in May to a two-year

high, the Commerce Department said June 25. Purchases rose to a 369,000 annual rate, the most since April 2010, the Commerce Department said. The rate was higher than economists’ median of 347,000, Bloomberg reported. Purchases rose in two of four regions: a 37% jump in the Northeast and a 13% gain in the South. Demand fell 11% in the Midwest and 3.5% in the West. New home sales account for about 15% of residential real estate sales. Rising home sales can have a positive impact on water well construction jobs.

GenNx360 Capital Partners Acquires Schramm GenNx360 Capital Partners announced July 2 it has partnered with company management to acquire Schramm Inc. Schramm is a West Chester, Pennsylvania-based manufacturer of mobile land-based drilling rigs used in a variety

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