Page 6 - Evolution Well Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 equipment powered by natural gas produced at drillers’ wells instead of diesel that has to be trucked...

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 development generated considerable interest from readers, including questions about the feasibility of pow...