Service & Supply | Oilfield Services
Range/U.S. Energy Services Signs Electric Frac Fleet Agreement
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U.S. Well Services, today announced it has executed a contract to provide electric hydraulic fracturing services for Range Resources which runs on electric power generated by natural gas turbine generators on the wellsite. Under the terms of the agreement, U.S. Well Services will support Range Resources in the development of its Appalachian asset base on a dedicated basis into 2021.
Joel Broussard, U.S. Well Services’ President and Chief Executive Officer commented, “We are excited to partner with Range Resources. The Company is a best-in-class E&P operator with a proven track record of success, and U.S. Well Services looks forward to deploying our revolutionary electric fracturing technology to assist them in their development plans. This contract demonstrates both organizations’ dedication to operational excellence and environmental stewardship.”
“Range has a record of deploying innovative technologies and solutions across our operations,” said Jeff Ventura, Range Resources CEO & President. “U.S. Well Services’ state-of-the-art fleet will help support our peer-leading emission reductions goals, realize significant fuel savings and reduce associated sound levels, all while utilizing clean-burning natural gas to power our operations.”
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