Show all Low-cost fracking offers boon to oil producers, headaches for suppliers 0 0 1 reuters.com September 12, 2019 By Liz Hampton SMILEY, Texas (Reuters) – At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a small services firm that promises to slash the cost of each by $200,000. The technology, called electric fracking and powered by natural gas from EOG’s own wells instead of costly diesel fuel, shows how shale producers keep finding new ways to cut costs in the face of pressures to improve their returns. E-frac, as the new technology is called, is being adopted by EOG, Royal Dutch Shell Plc, Exxon Mobil Corp and others because of its potential to lower costs, reduce air pollution and operate much quieter than conventional diesel-powered frac fleets. Investment bank Tudor, Pickering Holt & Co analyst George O’Leary estimates e-fracs could lop off up to $350,000 from the cost of shale wells that run $6 million to $8 million apiece. Click Here to View Full Article. Recent News Next Generation Pressure Pumping – Inside O&G Featured Article Around Partnership w/ CNX August 31, 2021 Evolution Well Services Extends Scope of Operations to West Virginia July 8, 2021 Evolution Well Services Achieves New Electric Frac Operational Milestone June 15, 2021 Are electrically powered fleets the future of fracking? April 5, 2021 What Does Efrac Need to Flourish? February 1, 2021 Categories Events Press Releases Archives August 2021 July 2021 June 2021 April 2021 February 2021 October 2020 May 2020 March 2020 September 2019 August 2019 May 2019 January 2019 September 2018 June 2018 March 2018 February 2018 December 2017 November 2017 September 2017 January 2017 December 2016 November 2016 Features Services About us Careers © 2021 Evolution Well Services® All Rights Reserved

Contact Us Evolution Well Services® is the “Next Generation” pressure pumping company utilizing innovative custom-built electrically powered hydraulic fracturing equipment. The Evolution® operational platform establishes new standards in the fracturing industry for cost-effective fracturing treatments, safer operations, cleaner emissions, reduced crew sizes, reduced wellsite footprints, quieter operations and precise execution. To engage Evolution® for your Fracturing requirements or consultation, please contact us at: Phone: 281-296-1550 Fax: 281-296-1504 Location: Evolution Well Services 3 Hughes Landing 1780 Hughes Landing Blvd. Suite 125 The Woodlands, Texas 77380 Name* First Last Email* Phone* Subject* Your Message* What are you inquiring about?* Select Option HR Supply Chain Sales Features Services About us Careers © 2021 Evolution Well Services® All Rights Reserved