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.
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.
Companies added two oil rigs in the week to Feb. 14, bringing the total count to 678, energy services firm Baker Hughes Co. said in its weekly report.
VAALCO Energy Inc. said Feb. 18 that the South East Etame 4P appraisal wellbore drilled from the VAALCO operated South East Etame North Tchibala platform offshore Gabon in the Etame Marin permit area successfully encountered oil sands in the Gamba formation.
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10