Liberty Energy Inc. is using Natron Energy's sodium-ion batteries as an energy storage solution to provide uninterruptible backup power for Liberty's line of electric frac pumps, digiFrac, a press release announced on Sept. 6.
Through an investment from Liberty, Natron will accelerate production of its sodium-ion battery technology and introduce it to the industrial power and energy markets.
As the industry's first fully integrated electric frac pump, Liberty's digiFrac operates with higher power density and comparably lower emissions. The use of Natron's sodium-ion batteries will ensure the lowest possible emissions footprint for onsite power generation for the pump.
"The careful evaluation of sources of energy storage for our power-dense operations led our team to determine that Natron’s sodium-ion batteries are a safe, cost-effective solution that is already being utilized in industrial applications,” Liberty president Ron Gusek commented in the release.
In addition to Liberty's investment, Natron also recently received $7 million in investment money from Nabors Industries Ltd. in July 2022 to help advance battery production.
RELATED:
Nabors Backs Sodium-ion Battery Manufacturer Natron Energy
Natron’s batteries are to be used to maximize uptime and optimize generator utilization ensuring the lowest possible emissions footprint for onsite power generation, the release stated. The Prussian blue sodium-ion technology offer higher powe density, longer service life and crucial safety characteristics to ensure successful power pumping applications.
"Our partnership with Liberty dramatically accelerates Natron's expansion into oil and gas markets with the introduction of battery storage in the completion services industry," Natron co-founder and CEO Colin Wessells, Ph.D., said in the release. "With the investment and support of Liberty, Natron is accelerating its manufacturing plans for the world's first mass production of sodium-ion batteries."
"Together, Liberty’s digiFrac and Natron’s batteries will advance ESG goals of reducing emissions, maintaining high safety standards and delivering a low total cost of ownership solution to Liberty’s customers,” Gusek added.
Recommended Reading
Wildcatter at Heart: Autry Stephens (1938-2024)
2024-08-18 - Legendary wildcatter Autry Stephens, founder and chairman of Midland Basin E&P Endeavor Energy Resources, stayed true to his “never sell” strategy.
HNR Acquisition to Rebrand as EON Resources Inc.
2024-08-29 - HNR’s name change to EON Resources Inc. and a new ticker symbol, “EONR,” will take effect when trading commences on Sept. 18.
Silver Hill Closes Fourth Oil, Gas Fund with $1.13B in Commitments
2024-07-31 - Silver Hill’s portfolio consists of operations across 55,000 net acres in East Texas and North Louisiana and 86,000 net acres in North Dakota.
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
2024-07-11 - With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.
Permian Consolidation Piques Interest in Drill-to-earn Opportunities
2024-08-14 - Drill-to-earn arrangements have been utilized in the Permian for years in the forms of joint ventures, farm-outs and other customizable agreements.
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.