Chesapeake, Schlumberger Settle La. Toxic Spill Claims

Law360, New York (March 26, 2010, 1:37 PM EDT) -- Chesapeake Energy Corp. and oilfield services company Schlumberger Technology Corp. have agreed to shell out $22,000 apiece to settle Louisiana regulators’ claims over a toxic spill at a natural gas well site that allegedly killed numerous cattle.

The Louisiana Department of Environmental Quality announced Thursday that it had entered into a proposed settlement with Chesapeake and its contractor, resolving allegations the companies failed to comply with environmental regulations and did not properly respond to the spill.

The DEQ’s enforcement action stems from the inspection of a...
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