Service & Supply | Top Story | Oilfield Services | Contract Awarded
BJ Services, Aethon Ink Multi-Year TITAN Frac Deal in the Haynesville
Print
|
BJ Services has entered into a multi-year contract with Aethon Energy for the deployment of the Company's first TITAN™ next-generation fracturing fleet in the Haynesville shale.
Powered by a direct drive natural gas-fueled turbine, the first TITAN prototype pump has completed more than 500 hours of field testing on Aethon Haynesville well locations this year. The first TITAN fleet will deploy in Q4 2020, which will launch the beginning of the Company's next-generation fleet strategy.
BJ Services COO Caleb Barclay said: "The launch of the TITAN will allow us to make significant progress on our commitment to reducing carbon emissions, increasing operational efficiencies, and improving the economics for our clients. We are proud to partner with a company that shares our vision surrounding continuous improvement and know that this next generation equipment will prove to be a step-change to the impact it will have on the environment, efficiency, and economics for Aethon's operation. Aethon's excellent leadership and operational track record speak to the quality of the work we expect to do together over the next four years."
More Sign Service Contract News
Range, US Well Services Ink Appalachia Frac Service Deal
U.S. Well Services, Inc. and Range Resources have finalized an extended their electric hydraulic fracturing service contract in the Appalachian Basin. Joel Broussard, U.S. Well Services' President and…
NGL Energy Partners Inks 15-Year Delaware Basin Water Deal
NGL Energy Partners LP has signed a new long-term produced water transportation and disposal agreement. The new agreement is with an undisclosed producer operating in Loving County within…
EQT Inks Three-Year Electric Frac Deal with US Well Services Inc.
U.S. Well Services Inc. has executed a long-term contract to provide electric hydraulic fracturing services for EQT Corp. U.S. Well Services will provide a dedicated electric hydraulic fracturing…
Chaparral Taps Bison for STACK Water Services
Bison has entered into a 15-year Water Gathering and Disposal Agreement with Chaparral Energy LLC and its affiliates. Under the agreement, Bison will exclusively manage all of Chaparral's…
Chesapeake Inks Eagle Ford Frac Sand Deal with Emerge
Emerge Energy Services subsidiary Superior Silica Sands LLC has signed a new agreement with Chesapeake Energy Corp. covering frac sand supplied from Superior's San Antonio mine in South…
Ark-La-Tex News
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Diversified Energy Striking While the Iron is Hot in East Texas
Transaction Summary Diversified Energy has entered into a definitive purchase and sale agreement to acquire high-working interest, natural gas producing assets in East Texas from Sheridan Production for…
Mitsubishi to Buy Aethon for ~$5.2B, Taking Scaled Haynesville Gas Platform
Mitsubishi Corporation has agreed to acquire Aethon (Aethon III LLC, Aethon United LP and related entities) for a total equity investment of approximately $5.2 billion, delivering Mitsubishi a…
Amplify Exits Haynesville and Cotton Valley
Amplify Energy announced a series of transactions that will result in a complete exit from its interests in East Texas for total anticipated combined consideration of $127.5 million.…