Evolution Well Services on Jan. 20 said it has been awarded a 24-month agreement to provide dedicated electric hydraulic fracturing services for a leading onshore oil and gas producer to begin in the first quarter of 2020.
“Our clients are facing increasing pressure to perform more economical and sustainable completion operations on their assets. This agreement illustrates acknowledgment by yet another leading E&P company that our technology achieves both of these goals. Evolution continues to lead innovation in electric frac and has proven that our fleets are not only a viable solution but are the ideal solution,” Carrie Murtland, Evolution’s vice president of technology and marketing, said.
RELATED:
Electric Fracking To Help Shale Producers Earn Environmental Cred
Evolution’s multipatented electric fracturing fleets are powered by a proprietary, built-for-purpose natural-gas-burning turbine generator package, which is designed and packaged by its affiliate, Dynamis Power Solutions. The technology developed by Evolution and Dynamis enables the Evolution electric fracturing fleets to be 50% smaller than traditional fleets and substantially quieter.
“By drastically reducing the footprint, emissions, and noise versus a traditional fleet, we are able to provide industry-leading, efficient services while minimizing the impact on neighboring communities and the environment. We feel the importance of the local communities and environment cannot be overstated. We are continually partnering with our clients to find new ways to improve,” Nick Ruppelt, Evolution’s director of sales, said.
By utilizing locally-produced natural gas as a fuel source instead of conventional diesel fuel, a total of 5.5 million gallons of diesel is being conserved by each fleet, each year. Not only does this yield a cost savings of up to $1.5 million per month with each fleet, it also benefits the local community and environment due to the cleaner-burning nature of natural gas.
Recommended Reading
Permanent Magnets Emerge as a Game-Changer for ESP Technology
2024-12-19 - In 2024, permanent magnet motors installations have ballooned to 11% of electric submersible pump installations, and that number is growing.
As Permian Gas Pipelines Quickly Fill, More Buildout Likely—EDA
2024-10-28 - Natural gas volatility remains—typically with prices down, and then down further—but demand is developing rapidly for an expanded energy market, East Daley Analytics says.
Novel EOR Process Could Save Shale from a Dry Future
2024-12-17 - Shale Ingenuity’s SuperEOR, which has been field tested with positive results, looks to remedy the problem of production declines.
Liberty Capitalizes on Frac Tech Expertise to Navigate Soft Market
2024-10-18 - Liberty Energy capitalized on its “competitive edge” when navigating a challenging demand environment in third-quarter 2024, CEO Chris Wright said in the company’s quarterly earnings call.
Afterthought to Asset: How Data has Transformed Oil, Gas Decision-Making
2024-12-05 - Digital data points have transformed from a byproduct of operations to the main driver of innovation in the energy industry, says Fabricio Sousa, president of Worley Consulting.