A company headquartered in The Woodlands has landed a two-year contract to provide electric fracking services that will replace diesel-powered generators with natural gas produced on site.
Source: Houston Chronicle
In a Monday morning statement, Evolution Well Services announced the a two-year deal to provide electric hydraulic fracturing services to an unnamed exploration and production customer beginning this quarter.
“Our clients are facing increasing pressure to perform more economical and sustainable completion operations on their assets,” Evolution Well Services Vice President of Technology and Marketing Carrie Murtland said in a statement. “This agreement illustrates acknowledgment by yet another leading E&P company that our technology achieves both of these goals.”
Traditional hydraulic fracturing fleets run on noisy and polluting diesel-powered generators that require fuel deliveries by third-party tanker trucks. Electric hydraulic fracturing fleets draw power from turbines that burn natural gas already being produced on site.
Evolution Well Services estimates that the company’s customers save a total of 5.5 million gallons of diesel per each fleet per year. In addition to saving $1.5 million per month on fuel costs, there is less noise and air pollution on the drilling site and less traffic on the roads by eliminating diesel deliveries.
Founded in 2015 and headquartered in The Woodlands, Evolution Well Services is one of the few oilfield service companies whose pressure pumping fleets only provide electric hydraulic fracturing services.
