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ProPetro to deploy electric-powered hydraulic fracturing fleets on ExxonMobil's Permian operations

The agreement includes the deployment of two FORCE electric hydraulic fracturing fleets, wireline, and pumpdown services on ExxonMobil’s Permian operations in the first half of 2024, with an option for a third FORCE fleet with wireline and pumpdown services to commence operations in early 2025.
United States Propetro Holding Corp Propetro Holding Chief Executive Officer Sam Sledge Petro Holding

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Wall Street Is Warming to Big Shale After $250 Billion of Deals

(Bloomberg) -- This week’s $26 billion combination of two Texas oil companies is the latest in a series of deals that’s ushering in the era of Big Shale. Wall Street, which eyed the sector with skepticism for most of the last decade, appears to be all in. Most Read from BloombergTrump Organization Hit With $365 Million Fine in Fraud TrialTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale Order‘Peak Euphoria’ Warning Blares as Stress Vanishes on Wall StreetBlack...
United States New Mexico Saudi Arabia Kate Richard Bloomberg Businessweek Autry Stephens
Source: yahoo.com

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