Logout MY EI
Energy TransitionOil MarketsGas and LNGRiskCompetitive IntelligenceEnergy Intelligence Premium
EI Cupcake Icon 2.png
Logout
MY EI

ProFrac Acquisition Boosts Electric Fracking Fleet

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Published:
Wed, Jun 22, 2022
Author
Jeffrey Cavanaugh, Houston
Editor
Chris Raine
drilling/ss30585421-drilling.jpg

Texas-based oil-field services provider ProFrac announced on Tuesday that it is acquiring US Well Services in a move to become the leading provider of electric-powered hydraulic fracturing services in the US.

Topics:
Oil-Field Services, M&A, Corporate Strategy , Shale
Wanda Ad #2 (article footer)
#
OIL DAILY>
Offshore,platform,drilling,rig,Pipelines
OIL DAILY
Bankrupt Cox Sells Some US Gulf Assets, Seeks Mediation
The shallow-water producer is selling properties to W&T Offshore, but it says it won't be able to close the deal unless a court helps it settle issues with Chevron and others.
Mon, Oct 2, 2023
View More >
COMPETITIVE INTELLIGENCE SERVICE>
Petronas,Malaysia,Logo,Brand,Company,Sign
INTERNATIONAL OIL DAILY
Petronas Develops CCS Hubs and Liquid CO2 Tankers
The three hubs are being developed in parallel with storage facilities with an initial combined storage capacity of 15 million tons/yr of CO2.
Mon, Oct 2, 2023
View More >
Oil-Field Services>
Oil,Workers,Onshore,Rig,Drilling,Nonrenewable,Resources
OIL DAILY
Shale Outlooks Improve Despite Ongoing Challenges: Survey
Oil and gas executives in and near the Texas oil patch are feeling more optimistic heading into 2024, according to the Dallas Federal Reserve’s latest quarterly energy survey.
Wed, Sep 27, 2023
View More >