U.S. Well Services Inc. has executed two contracts on Jan. 13 to expand its electric fracturing services for EQT Corp. Under the terms of the agreements, U.S. Well Services extended its existing contract for one electric frac fleet and will also deploy a second electric frac fleet on a contracted basis. Both contracts represent multiyear fleet dedications if all optional extensions are exercised.
“We are pleased to broaden our relationship with EQT and provide an additional electric fracturing fleet to support its completion program,” Joel Broussard, U.S. Well Services’ president and CEO, said. “EQT is a best-in-class E&P operator, and their decision to expand their use of the Clean Fleet technology is further evidence of their commitment to efficiency and environmental stewardship.”
Recommended Reading
Transocean Signs Ultra-deepwater Drillship Contract in GoM
2024-10-22 - Transocean’s ultra-deepwater drillship contract in the Gulf of Mexico looks to generate $193 million in revenue for the company.
Baseline Energy Opens New Uinta Basin Power Generator Facility
2024-09-24 - Baseline Energy Services’ facility in the Uinta Basin plans to support the region’s mobile power generator fleet with a range of maintenance and repair services.
Seadrill to Adopt Oil States’ Offshore MPD Technology
2024-09-17 - As part of their collaboration, Seadrill will be adopting Oil States International’s managed pressure drilling integrated riser joints in its offshore drilling operations.
Oceaneering Acquires Global Design Innovation
2024-10-30 - Oceaneering purchased Global Design Innovation, the only provider certified by the United Kingdom Accreditation Service (UKAS) to perform remote visual inspection using point cloud data and photographic images.