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Diesel Frac Glut Hinders Lower-Carbon Fleet Adoption

by Bloomberg |Wednesday, April 21, 2021 EWS has been in business for five years and has deployed seven crews in the USA, well below its expectation of about 20 by now. (Bloomberg) -- Billionaire Alejandro Bulgheroni’s dream of making fracking more environmentally friendly is running up against the reality of shale-patch economics. The Argentine oil tycoon has pumped about $250 million into developing the technology behind Evolution Well Services, a Texas-based company that makes fracking equ...
United States Alejandro Bulgheroni Sean Meakim Jpmorgan Chase Co Nextier Oilfield Solutions Inc Resources Corp

What Does Efrac Need to Flourish?

Three individuals well-versed in the hydraulic fracturing sector offer insights about making electric grid-powered fracing more commonplace. (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) Earlier this month, Halliburton (NYSE: HAL) reported what it contends is the industry’s first successful electric grid-powered hydraulic fracturing operation. Rigzone’s article on the Efrac develo...
United States Nick Ruppelt Matt Johnson Energy Advisors Us Well Services Evolution Well Services

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