US Well Services has finalised a fracturing service contract extension in the Appalachian Basin in the US.
As agreed, the company will continue to provide electric hydraulic fracturing services for Range Resources with its Clean Fleet solution.
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US Well Services president and CEO Joel Broussard said: “We are excited to continue working for Range with our revolutionary Clean Fleet electric hydraulic fracturing solution.
“Together our companies have partnered to execute Range’s development strategy while continuing to reduce emissions, noise and fuel consumption required of well completions. Range is a top-tier E&P operator, and we look forward to supporting their completions programme.”
Clean Fleet is a natural gas powered hydraulic fracturing solution. According to the company website, the solution reduces emissions by 99% and helps in generating operational cost savings upwards of 90% of fuel costs.
Additionally, it reduces noise pollution and vibration, making the technology less disruptive for neighbouring communities.
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By GlobalDataRange Resources president and CEO Jeff Ventura said: “Range is a leader in capital efficiency, well costs and reducing emissions intensity thanks to the implementation of advanced technologies like US Well Services’ electric fracturing fleet.
“This partnership allows us to improve our class-leading well costs, while helping to make substantial progress towards our ambitious goal of net-zero greenhouse gas emissions.”
US Well Services focuses on providing high-pressure, hydraulic fracturing services in unconventional oil and natural gas basins.
Last year, the company signed a long-term contract to provide electric hydraulic fracturing services for natural gas exploration firm EQT.
