(Source: Shutterstock)
Diamondback Energy, Halliburton Energy Services and VoltaGrid have agreed to deploy four advanced electric simul-frac fleets across the Permian Basin, according to a Dec. 13 press release.
The companies aim to enhance clean and efficient energy solutions in the region, the release said.
VoltaGrid will provide approximately 200 megawatts of electric power to support Diamondback's field operations.
The fleets will integrate Halliburton's 6,000-horsepower all-electric fracturing technology ZEUS with VoltaGrid's advanced power generation systems.
The ZEUS platform includes electric pumping units, Octiv Auto Frac service and Sensori fracture monitoring service.
VoltaGrid will also deploy its high-capacity simul-frac generators and expand its compressed natural gas infrastructure at Diamondback’s microgrid facility, located northeast of Midland, Texas.
VoltaGrid said this will ensure a reliable natural gas feedstock supply, particularly when pipeline gas is unavailable.
“This collaboration reinforces our commitment to driving efficiency and sustainability in oil and gas operations,” said Danny Wesson, executive vice president and COO at Diamondback Energy. “The integration of Halliburton’s innovative electric fracturing technology and VoltaGrid’s cutting-edge power systems allows us to achieve superior performance while significantly reducing our environmental impact.”
Recommended Reading
Murphy Shares Drop on 4Q Miss, but ’25 Plans Show Promise
2025-02-02 - Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam.
Hess Corp. Bucks E&P Trend, Grows Bakken Production by 7%
2025-01-29 - Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said.
BP Pledges Strategy Reset as Annual Profit Falls by a Third
2025-02-11 - BP CEO Murray Auchincloss pledged on Feb. 11 to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.
Utica’s Infinity Natural Resources Seeks $1.2B Valuation with IPO
2025-01-21 - Appalachian Basin oil and gas producer Infinity Natural Resources plans to sell 13.25 million shares at a public purchase price between $18 and $21 per share—the latest in a flurry of energy-focused IPOs.
The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze
2025-01-28 - In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.