Permian Frac Fleets


Well Services. This reduced intervention time and minimized coiled-tubing cycling costs. Jeff Martin Auctioneers is one of the nation’s fastest-growing heavy equipment, construction equipment and transportation equipment auction companies in the United States. With crude oil prices appearing stable at more than $50 per barrel, exploration and production (E&P) companies are gaining confidence and spending more money on capital expenditures (CAPEX). (NASDAQ: USWS) today announced that it has signed an electric frac fleet contract with Apache Corporation. Robust equipment design to maximize run-life in continuous duty applications. Chesapeake owns leading positions in the. While this opportunity may still be available visit our Home Page for current job leads. Annualized Adjusted Gross Profit per fleet, based on 23 fully-utilized fleets, is expected to range between $18 million and $20 million. 1q 2q 3q 4q. PERFORMANCE WELLHEAD & FRAC COMPONENTS. These fleets are committed to major U. Our high-efficiency electric fracturing solutions help you save on fuel costs and fulfill commitments to reduce carbon emissions in places like the Permian Basin and remote areas across the world. shale plays, which are categorized into horizontal and vertical wells. It’s famine to feast. Based on horsepower, Calfrac is one of the largest hydraulic fracturing companies in the world with a combined fleet of 1. favorite this post Sep 24 $$💰Earn 40% looking for frac sand Driver💰 (Texas) hide this posting restore restore this posting. With the explosion of growth in the Permian basin and other key domestic shale oilfields, hydraulic fracturing — a technique of drawing natural gas and oil from subterranean rock using special processes and equipment — has become highly competitive. (NASDAQ: USWS) today announced that it has signed an electric frac fleet contract with Apache Corporation. View Tracy Cowan’s profile on LinkedIn, the world's largest professional community. Capabilties. Fleet Distribution by Class Active Rig Class by Region. By continuing to use this site you agree to the use of cookies. Firm monitors upstream oil and gas through the prism of hydraulic fracturing activity. The frac jobs generally increased production, especially from lower-yielding wells. By the time firefighters arrived on scene, they found they needed additional resources and manpower to extinguish a frac. To begin 2018, we investigated 2018 frac fleet deployments and implications for US shale production. Gravity owns and operates a large fleet of fluid transportation trucks located in the Permian Basin for basin-wide coverage. Conversely,. Trinidad Drilling. Learn more about XTO's operations and community engagement in West Texas and southeast New Mexico. To date, eight of these groundbreaking “electric frack” fleets have been deployed in the Permian Basin, but if they are as successful as Baker Hughes seems to think they will be, we can expect a lot more in a hurry. maximizing frac fleet efficiencies. Electric Fleets!! Did you know TOPS Well Services received it's first Electric frac fleet in August of 2016. Our large fleet of trucks and specially trained drivers set us apart from the rest. Vista is a leading in-basin provider of frac sand solutions for oil and gas well completions in the most active oil and gas regions of the United States, including the Permian Basin, Eagle Ford Shale and SCOOP/STACK. and Diamondback Energy are Expected to Deploy First Electrically Powered DuraStim® Hydraulic Fracturing Fleets in Permian Basin. The Permian Basin facility is a key distribution facility that provides ancillary support functions such as field service and customer property management, focusing on our PFT product line, as well as wellhead products and services. We deployed our 22nd fleet late in the second quarter under a dedicated arrangement with an existing customer. C&J Energy Services, Inc. com Permian Basin Hiring Events FB page: Here. Elite Well Services is the Premiere Acidizing & Fracturing Service Provider throughout the permian basin. shale drilling frenzy, improving production in mature fields, and more. We offer 24/7 well-site logistics with our fleet of company owned trucks and OSHA compliant + telemetry capable ISO tanks to support frac fleets across major shale plays like the Permian, Eagleford, Scoop/Stack and Bakken. • EWS’s first retrofitted Generation IV coil tubing rig successfully completed several jobs during the quarter, validating this rig’s new design and engineering. is dedicated to hiring the highest quality employees. Frac Spreads Falling. Conversely,. The oilfield services sector in the Permian Basin could be getting action-packed. Announces that XTO Energy Inc. Headquartered in Houston, Texas, Keane is one of the largest pure-play providers of integrated well completion services in the US, with a focus on. Has one front hatch and 3 ports. Download the royalty-free photo "Frack Sand Grains Under a Microscope" created by FerrizFrames at the lowest price on Fotolia. A critical component for hydraulic fracturing fleets and frac sand companies is the sand supply and infrastructure in the unconventional plays. Along with this fracking-enabled rush have come troubling reports of fracking accidents: poisoned drinking water, polluted air, mysterious animal deaths, industrial disasters and explosions. 65 Hydraulic Fracturing Wells Companies in the United States. FDF is one of the oldest drilling fluids companies on the Gulf Coast and one of the largest frac sand distributors in North America. The Permian basin averaged 338 active rigs in April, including this one at work on an Anadarko Petroleum Delaware basin location. 58% improvement in completed feet per day. For example, in the Permian Basin alone, Infill Thinking tracks more than 40 hauling companies operating significant fleets and many more “mom and pops” running only a handful of trucks. Permian Frac Sand Demand by the Numbers. In early 2019, the Zacks Rank #3 (Hold) company debuted its E-Frac gas turbine in the prolific Permian Basin, and estimates huge savings on diesel fuel and maintenance costs per annum as a result. We specialize in equipment services on location. AFGlobal’s new patented pressure pumping technology offers end users tremendous advantages. In Texas, where hydraulic fracturing wells work the Eagle Ford, Barnett Shale or Permian Basin formations and deal with the constant threat of drought, fracking operators compete with farmers and ranchers for their share of fresh water. Equipment designed for fit-for-purpose applications in high pressure, high rate pumping environment. Permian Basin. Keane's primary service offerings include horizontal and vertical fracturing, wireline perforation and logging, engineered solutions, and cementing, as well as other value-added service offerings. Permian Basin Energy Services has a fleet of 20 - 500 bbl Square Frac Tanks available for customers' needs; Permian Basin Energy Services has 3 Winch Trucks available to move frac tanks. GTI (Gas Technology Institue) is leading a high-profile program on Hydraulic Fracturing Test Sites (HFTS) in the Permian Basin, bringing together government and industry to improve recovery, continue enhancing environmentally responsible methods of optimizing production, and lowering costs in the Midland and Delaware Basins. What are the most active crude oil-producing regions in the United States? The Permian Basin and Eagle Ford Shale, according to the U. Energent, part of Westwood Global Energy Group, predicts a seismic shift in the supply of frac sand to the Permian Basin, Texas, this year. A recent customer had an immediate need for multiple frac fleets to be cleaned and called out two cleaning companies. 4 million HHP. The largest drop has been in the Permian Basin shale field, where 30 fleets have been sidelined, the firm estimates, followed by declines in Eagle Ford and Williston. Permian Basin Hiring Events is the planner that gives the other company all of its ideas. • Specialize in frac pits from 500,000 to 2 million bbl's for both fresh and produced water applications • Fleet of over 120 pieces of CAT earthmoving equipment in the Permian Basin • Utilize Trimble 3D Grade Control on all frac pit jobs for precision and efficiency. Fracturing 92% Pressure Pumping Focus Revenue by Service Line - 2011 Fracturing has been and will continue to be our focus Fracturing is the key technology to facilitate unconventional development Fracturing has evolved from being 10-15% of the well cost to between 30-50% of the well cost in many unconventional wells. Options for shorter and lighter frac trees and designs especially suited for multi-well pads streamline rig-up and rig-down and reduce HSE risk and the bending stress transferred from the goat head to the tree and wellhead connections below. Oil & Gas: Show/Hide Detailed List. Typically, frac sand and ceramic proppants are brought from the source (mines or plants) to a storage location in or near the basin where they will be pumped. Permian Basin. Operations are aided by fleet-specific Field Service Managers who ensure rigorous adherence to Nine’s quality assurance standards while simultaneously mentoring crew personnel, and providing field-proven recommendations on wireline related problems. EOG Sees Permian Hydraulic Fracturing Work Slowing In 2nd Half. The tanks are cylindrical, and have external manifolds. Emco's goal: to be the absolute best. E-frac accounts for about 3% of active fleets, and could reach between 25% and 33% in the next five years, Tudor estimated. 24, 2011 /PRNewswire via COMTEX/ --C&J Energy Services, Inc. DUG Permian Basin Robert Manelis H&P Onshore US rig fleet average •Frac’d zones flowed back and correlated to observed horizontal well performance. HOUSTON, Oct. , including the Permian Basin, the Marcellus Shale/Utica Shale, the Eagle Ford Formation and. is dedicated to hiring the highest quality employees. This year, several shale operators have committed to the use of some kind of electric-powered frac fleets, including XTO, Diamondback, Shell, EOG Resources, Devon, CNX Resources and Apache Corp. 7MM bbl/d of production growth in the area. Electric Fracturing Fleets vs Conventional Fleets. The evolution of hydraulic fracturing is a long and circuitous one that deserves examination. FTSI intends to IPO on the NYSE as FTSI. Nearly 40% of all active U. Fracturing 92% Pressure Pumping Focus Revenue by Service Line - 2011 Fracturing has been and will continue to be our focus Fracturing is the key technology to facilitate unconventional development Fracturing has evolved from being 10-15% of the well cost to between 30-50% of the well cost in many unconventional wells. Announces that XTO Energy Inc. As a frac sand owner operator, your job is to haul frac sand from a production facility to a mining site. don't waste days tripping back to the yard while your competition continues pumping continuously, we will service it right there. Python Pressure Pumping specializes in, multi-stage horizontal gel/slickwater fracturing. Midland firm participates in test of LNG-fueled frac engines. STEP’s conventional fracturing fleet represents 490,000 pressure pumping horsepower with capabilities designed for operations in large, equipment intensive plays in North America. Houston oilfield service company Baker Hughes is using the Permian Basin in West Texas to debut a fleet of new turbines that use excess natural gas from a drilling site to power hydraulic fracturing equipment — reducing flaring, carbon dioxide emissions, people and equipment in remote locations. Our metric, the Frac Spread Count, does the latter and we’ve uncovered a slow down in the Permian that recently has taken a turn for the worse. The United States is in the midst of an unprecedented oil and gas drilling rush—brought on by a controversial technology called hydraulic fracturing, or fracking. Erna is based in Mason. Jeff Martin Auctioneers is one of the nation’s fastest-growing heavy equipment, construction equipment and transportation equipment auction companies in the United States. The Basic trucking fleet still handled more than 51,616,000 barrels of produced water in 2018. At our 24-hour labs, we test our solutions to achieve the best performance possible, which can include testing frac fluid, as well as acid used in pumping programs. Permian Driving Frac Sand Supply Shift By Tim Beims and Colter Cookson On a hydraulic fracturing job site, the sand king is a critical piece of machinery at the heart of the stimulation operation. Well Services has utilized these world-class, fit-for-purpose motors on each of its three newbuild electric fracturing fleets deployed in 2019, and is currently constructing a fourth newbuild electric fleet using the motors, which is contracted and expected to begin working for a supermajor in the Permian Basin in early 2020. As companies retreat to the sweetspot, completion designs are changing, find out how your competitor is frac'ing their wells, what kind of fluid system and volume and type of proppant used. The principles of our business have remained consistent through the years--fast and safe transport of oilfield material following all safety and government guidelines. Announces that XTO Energy Inc. Under the terms of the agreement, USWS will begin operations in the first-quarter of 2020 utilizing USWS next generation, rapid deploy newbuild electric frac fleet. don't waste days tripping back to the yard while your competition continues pumping continuously, we will service it right there. Liberty defines Adjusted EBITDA as EBITDA adjusted to eliminate the effects of items such as new fleet or new basin start-up costs, costs of asset acquisitions, gain or loss on the disposal of assets, asset impairment charges, bad debt reserves and non-recurring expenses that management does not consider in assessing ongoing performance. By Haley Zaremba for Oilprice. Earlier this year, Certarus also announced plans to provide services to a European-based supermajor operating in the Permian Basin. Our expectation is to always meet or exceed our customer's needs. •3 frac fleets operating at high efficiency •~37 net completions expected in 3Q18; ~11 net completions expected in 4Q18 •Focusing on co-development of intervals - 2019 kicks off with 25-well Merlin Maximus development expected to start 1Q19. From conventional frac jobs in multistage wells to carefully targeted treatments in complex carbonate formations, you can trust Schlumberger to design and deliver effective, efficient. Frac Monitoring, Spacing, Optimization in Lifting Methods, Well Communication, Disposal Well Distribution and Evaluation Safety Training and Personnel Well Control School Certification. Keane (FRAC) to Acquire RockPile Energy Services in $284. Analysts look at the length of laterals, frac sand quantities per well, and frac stages per well or even count the stimulation crews (aka frac spreads, frac fleets) to analyze production estimates. Liberty Oilfield Services has five hydraulic fracturing fleets operating in the Bakken, and 23 fleets companywide. In early 2019, the Zacks Rank #3 (Hold) company debuted its E-Frac gas turbine in the prolific Permian Basin, and estimates huge. The SD60Ms have about 80 units back in storage out of 248 units. Emco has recently acquired a fleet of 18 frac tanks and several more Winch Trucks to serve the Permian Basin. Keane Group, Inc. Options for shorter and lighter frac trees and designs especially suited for multi-well pads streamline rig-up and rig-down and reduce HSE risk and the bending stress transferred from the goat head to the tree and wellhead connections below. Focused On Improving Fleet Reliability, Availability, Maintainability And Safety At Reduced Cost Through Leveraging Data Analytics And Condition Based Maintenance BRING YOUR TEAM & RECEIVE UP TO *20% OFF. Recent reports about oil and gas industry conditions in the Permian Basin have been mixed. 8505 Jackrabbit Road, Suite A Houston, Texas 77095 Main: 281-200-2330 Fax: 281-200-2332. After fracturing, all 22 MILLITE plugs were drilled out without any motor stalls or short trips. Conventional Crude Energy Services frac trees are rated up to 15,000 psi. Houston’s Keane Group is still estimating damage caused by a July 1 fire that damaged one of its hydraulic frac fleet operating in the Permian Basin near Odessa, Texas. Annualized Adjusted Gross Profit per fleet, based on 23 fully-utilized fleets, is expected to range between $18 million and $20 million. Currently, five Permian operators, EOG Resources, XTO Energy, Pioneer Natural Resources, Concho Resources, and Chevron are the companies with the lowest oil break-even price. To date, eight of these groundbreaking “electric frack” fleets have been deployed in the Permian Basin, but if they are as successful as Baker Hughes seems to think they will be, we can expect a lot more in a hurry. The company also has three frac fleets each in the Bakken and the Permian Basin. Announces that XTO Energy Inc. The hydrocarbon-rich Permian Basin in West Texas and New Mexico is a sterling example of boom, bust and then boom again. Oilfield services provider ProPetro Holding Corp. The trucks haul all the essentials of an oil rush made possible by hydraulic fracturing: drilling equipment; the sand and chemicals used to break open the oil-rich rock of the boom’s namesake geologic formation; and some of the 4 million barrels of oil the Permian gushes each day. We are also proud of the expansion of our Winch Truck Heavy Hauling and Frac Tank Rental Division. The manifolds are 10" manifolds and can be connected with 8" hose. In early 2019, the Zacks Rank #3 (Hold) company debuted its E-Frac gas turbine in the prolific Permian Basin, and estimates huge savings on diesel fuel and maintenance costs per annum as a result. Directed by an experienced management team and knowledgeable field supervisors with over 75 years of combined experience, the Titan team strives to exceed the high expectations of customers. Permian Still Needs 60 Frac Fleets. The national frac spread () continues to decline as work remains slow across the U. Patterson-UTI's Permian and Marcellus fleets are now combined with the strength of Performance Technologies Mid-Con and Eagle Ford assets. Chesapeake Energy Corporation is the second-largest producer of natural gas, the 11th largest producer of oil and natural gas liquids and the most active driller of onshore wells in the U. Manticore Fuels is a leading hydraulic fracturing fuel supplier in the Permian Basin. , driven in part by customer demand, announced its intention to build two electric fleets using its DuraStim fracturing pumps. on July 20, 1920, a 2,754-foot-deep. has executed a long-term electric frac fleet contract of up to four years with all options exercised with SWEPI LP, a subsidiary of Shell, on March 11. PERFORMANCE WELLHEAD & FRAC COMPONENTS. The Dash 9 fleet has about 75 units back in storage out of 267 units. Our commitment to excellence in all we do, combined with a fleet of innovative production well testing equipment allows our customers’ operations to run effectively and efficiently. 65 million lb. Permian Basin Hiring Events is the planner that gives the other company all of its ideas. Our on-site fueling services are available to refuel your equipment around the clock. Quasar Energy Services focuses on offering safe, efficient, an high-quality hydraulic fracturing to optimize field development and improve production. 8505 Jackrabbit Road, Suite A Houston, Texas 77095 Main: 281-200-2330 Fax: 281-200-2332. Operations are aided by fleet-specific Field Service Managers who ensure rigorous adherence to Nine’s quality assurance standards while simultaneously mentoring crew personnel, and providing field-proven recommendations on wireline related problems. Electric Fracturing Fleets vs Conventional Fleets. Professional Trucking Services offers proppant sand delivery for hydraulic fracturing operations in the Permian Basin. Attaining absolute efficiency requires more than just quality personnel. There’s much ado about horizontal drilling, hydraulic fracturing, and other new techniques triggering the U. From initial stimulation and formation integrity testing to post-frac analysis, we're always ready to help your crew maximize production rates, minimize downtime and run more safely. Trade Star Energy currently operates in the Permian, Eagle Ford, Bakken and Rockies areas. Bobeaux Trucking & Oilfield Services was founded in 2014 with a focus on building the best frac sand trucking and logistics company in the Permian and Delaware Basin. Basic’s Pumping Services consist of Hydraulic Fracturing, Cementing, Acidizing, Nitrogen, Wireline and Coil Tubing. is dedicated to hiring the highest quality employees. The Fleet is anchored by a Frac Data Trailer that has been extensively customized for superior performance. Calfrac Well Services. With the Permian now oversupplied, all's been quiet on the greenfield construction front for the past year. is an independent provider of hydraulic fracturing, coiled tubing and pressure pumping services with a focus on complex, technically demanding well completions. At Musket, Mr. Now with more crude oil takeaway capacity planned for the area, production is projected to continue to climb, which will no doubt continue to drive the ever-changing proppant demand landscape. Frac Sand Transportation Professional Trucking Services offers proppant sand delivery for hydraulic fracturing operations in the Permian Basin. declined for the 12th consecutive week, with companies idling about 100 spreads since spring. Quasar Energy Services focuses on offering safe, efficient, an high-quality hydraulic fracturing to optimize field development and improve production. Frac sand, which is used in the hydraulic fracturing process, is a key cost driver for shale well drillers. •Focused Eagle Ford solelyon hydraulic fracturing •22 Frac Fleets •Fleets 23 and 24 to be delivered in H1 2019; deployment will depend on market conditions DJ Basin Powder River Basin Williston 13 Fleets 9 Fleets Permian Basin Fleet Deployment –Q4 2018. We operate in West Texas, East Texas, Louisiana, and North Dakota. 4 million HHP. FTSI intends to IPO on the NYSE as FTSI. Consultancy Primary Vision this week said hydraulic fracturing fleets across the U. based company in operation since 1977 is owned by Prophet Equity, a private equity firm based in Southlake, Tx. The Fast-Changing Frac Frontier. After fracturing, all 22 MILLITE plugs were drilled out without any motor stalls or short trips. By Mark Rossano. • Specialize in frac pits from 500,000 to 2 million bbl's for both fresh and produced water applications • Fleet of over 120 pieces of CAT earthmoving equipment in the Permian Basin • Utilize Trimble 3D Grade Control on all frac pit jobs for precision and efficiency. Manticore Fuels is a leading hydraulic fracturing fuel supplier in the Permian Basin. With a fleet of 84 LNG-fueled vehicles, over 30 service pickup trucks and over 500 tanks, keeping track of the equipment is important. He says that fleet worked in the Permian Basin, the Eagle Ford, and the Marcellus and Utica on demonstrations and attracted enough interest that the company is building five more this year. LibertyFRAC averaged 21. We service tractors, blenders, hydration units, frac pumps, etc. Vertically integrated partner company for equipment design. Elite Well Services is the Premiere Acidizing & Fracturing Service Provider throughout the permian basin. What are the most active crude oil-producing regions in the United States? The Permian Basin and Eagle Ford Shale, according to the U. Despite having the same manpower and same number of equipment, we cleaned three trucks for every one cleaned by the other company, and our customer advised that the other company had to come back and redo two trucks. Frac Tank Rentals has one of the largest acid tank fleets in the Permian Basin. Company to Sponsor Event and Present on Safety, Fleet Management, and Supply Chain Solutions for the Oil and Gas Industry Ryder System, Inc. We also have an inventory of over 5000 frac tanks and mud tanks with secondary containment for safe and efficient operations. Emco has recently acquired a fleet of 18 frac tanks and they are currently on their way to Carlsbad to serve the Permian Basin. The number of so-called drilled-but-uncompleted wells in the Permian Basin is expected to rise to 1,995 in June, up from 1,348 last August, when the EIA first began tracking these unstimulated wells. Now with more crude oil takeaway capacity planned for the area, production is projected to continue to climb, which will no doubt continue to drive the ever-changing proppant demand landscape. VPROP is believed to be the largest supplier of frac sand mined in Texas according to the amount of frac sand produced per year. We have since expanded our fleets and operations to include the Haynesville (East Texas/NW Louisiana) and the SCOOP & STACK (Oklahoma) plays. Under the terms of the contract, USWS will begin operations for Apache in the second quarter of 2019 in the Permian basin utilizing USWS’ next generation, rapid deploy new build electric frac fleet. on July 20, 1920, a 2,754-foot-deep. In West Texas, we have identified demand for an additional 60 frac fleets (3MM horsepower), which, if added, would result in another 1. favorite this post Oct 14 Frac Sand and Water Opportunities - Up to $100,000/yr PLUS Bonuses! pic img hide this posting restore restore this posting. Frac sand demand is forecast to reach 181 million tons in 2024, representing 8% annual growth from 2019 to 2024 (compound annual growth rate, CAGR). Emco has recently acquired a fleet of 18 frac tanks and several more Winch Trucks to serve the Permian Basin. It was been estimated that the Permian has produced over 29 barrels of oil and 75 trillion cubic feet of gas, and still contains recoverable oil and natural gas in excees of what has been produced over the past 90 years. Permian Basin. Energent, part of Westwood Global Energy Group, predicts a seismic shift in the supply of frac sand to the Permian Basin, Texas, this year. Welcome to Alpha Equipment Services LLC. Our 24-Hour on-site crew manages all aspects of fuel services from communication with our dispatch team for delivery scheduling to tracking fuel consumption. Meanwhile, sand itself—as used by E&P companies—has changed. FTSI intends to IPO on the NYSE as FTSI. Annualized Adjusted Gross Profit per fleet, based on 23 fully-utilized fleets, is expected to range between $18 million and $20 million. •Focused Eagle Ford solelyon hydraulic fracturing •22 Frac Fleets •Fleets 23 and 24 to be delivered in H1 2019; deployment will depend on market conditions DJ Basin Powder River Basin Williston 13 Fleets 9 Fleets Permian Basin Fleet Deployment -Q4 2018. To date, eight of these groundbreaking "electric frack" fleets have been deployed in the Permian Basin, but if they are as successful as Baker Hughes seems to think they will be, we can expect a lot more in a hurry. so Pioneer's existing 18-rig fleet can accomplish what it would have taken 25 rigs to do circa 2014. Typically, frac sand and ceramic proppants are brought from the source (mines or plants) to a storage location in or near the basin where they will be pumped. Privacy Policy; Terms of Use; Contact Us. Browse 8 FRAC FUEL TECHNICIAN Jobs ($35K-$50K) hiring now from companies with openings. AFGlobal has successfully completed its field evaluation of the DuraStim pump in the Permian Basin. 4 million HHP. With remote operations, NO personnel are required near any of the process equipment during a frac job, eliminating exposure to high pressure components. The very first fracturing job used sand scooped from a nearby river. com Skip to Job Postings , Search Close. Please enter captcha below. LibertyFRAC averaged 21. Houston oilfield service company Baker Hughes is using the Permian Basin in West Texas to debut a fleet of new turbines that use excess natural gas from a drilling site to power hydraulic fracturing equipment — reducing flaring, carbon dioxide emissions, people and equipment in remote locations. completion cost per foot. The acquisition has led to establishing operations in Texas. Well Services Inc. We offer a wide range of oil/gas well pumping services. Since 2012 - Housing the best U. The Basic trucking fleet still handled more than 51,616,000 barrels of produced water in 2018. Superior Energy Services (SPN) discussed on its fourth quarter call how 60% of its 17 frac fleets are on contracts with terms that should all the equipment to generate 20%+ EBITDA margins. This year, several shale operators have committed to the use of some kind of electric-powered frac fleets, including XTO, Diamondback, Shell, EOG Resources, Devon, CNX Resources and Apache Corp. Schlumberger (NYSE: SLB) partnered with Weatherford (NYSE: WFT) to create OneStim, a pure-play hydraulic fracturing business serving North America. HOUSTON--(BUSINESS WIRE)-- Keane Group, Inc. Currently Ultra Tech Frac Services’ is one of the leading fracturing companies in the Permian Basin with a 18,000 HHP fleet and over 45 experienced employees. onshore producers on multiyear contracts, so Evolution is expanding more. The acid tank division serves our fracing clients specifically. 24, 2011 /PRNewswire via COMTEX/ --C&J Energy Services, Inc. Source: Energent Group. Permian M&A. In response, we made the strategic decision to place orders for three additional Tier 4 hydraulic fracturing fleets and wireline trucks, which we expect to deploy in the Permian Basin in response. Our fleet of acid equipment is meticulously maintained and always job-ready to meet your needs, operated by a highly experienced crew that can tackle any project safely and efficiently. This includes a combination of fracturing pumps (also referred to as frac pumpers and/or pumping units), data trucks, storage tanks, chemical additive and hydration units, blenders and other equipment needed to perform a frac stimulation. The Electric Frac Fleet Is Doubling From 2018 To 2020 [Chart Of The Day] July 1, 2019 Quick Thoughts Leave a comment A data-driven look at trends in electric frac fleet deployments. Directed by an experienced management team and knowledgeable field supervisors with over 75 years of combined experience, the Titan team strives to exceed the high expectations of customers. Both companies have made big headlines recently for their ambitions to step up their developments in the region, which will put further stress on the supply side. oil and gas production. Electric Fracturing Fleets vs Conventional Fleets. Providers regularly replace or upgrade aging frac fleets and focus on growing their fleets to meet increasing demand. and Diamondback Energy are Expected to Deploy First Electrically Powered DuraStim® Hydraulic Fracturing Fleets in Permian Basin. In conclusion, the innovation of the ESC system, has demonstrated a consistent OPEX reduction on the field, while maintaining and raising the production. Has one front hatch and 3 ports. Frac fire in Permian Basin under investigation July 4, 2018 Houston's Keane Group is still estimating damage caused by a July 1 fire that damaged one of its hydraulic frac fleet operating in the Permian Basin near Odessa, Texas. The latest Tweets from Primary Vision (@PrimaryVision). It’s famine to feast. Vista is a leading in-basin provider of frac sand solutions for oil and gas well completions in the most active oil and gas regions of the United States, including the Permian Basin, Eagle Ford Shale and SCOOP/STACK. E-frac accounts for about 3% of active fleets, and could reach between 25% and 33% in the next five years, Tudor estimated. Evolution’s® electric fracturing equipment platform eliminates requirements for hot fueling regardless of job size or length of pump time. Meanwhile, Keane (NYSE: FRAC) acquired Rockpile adding 245,000 HHP, 8 wireline trucks, 12 workover rigs, and 10 cement units. The Permian Basin facility is a key distribution facility that provides ancillary support functions such as field service and customer property management, focusing on our PFT product line, as well as wellhead products and services. Industry reports indicate that some huge Permian frac jobs have used up to 1 MMbbl of water per well. (NYSE: CJES) announced today that it has signed a two-year contract with a large independent E&P company for a 32,000 hp hydraulic fracturing fleet for operations in the Permian Basin on a full month take-or-pay basis. Robust equipment design to maximize run-life in continuous duty applications. Stock quote for Keane Group, Inc. Paradigm Shift in Frac Market Boosts Oilfield Service Pricing INITIAL REPORT Janis Johnson , [email protected] Frac Sand Demand Trends in the Permian - Delaware. Frac sand demand is forecast to reach 181 million tons in 2024, representing 8% annual growth from 2019 to 2024 (compound annual growth rate, CAGR). • 32 engineers across 10 Permian Frac Fleets • Represented BJ as the Technical Lead for Stimulation across the Permian Advised customers on streamlining processes for their operations and. Shale output was already expected to come roaring back this year, but the extension of the cuts provides even more room in the market for shale drillers to step into. There's just way more fleets looking for frac work than there was demand for frac work in Q4 but think at the end of Q4 and going into Q1, so you get the markets work, and so you get pricing. reducing water recyling costs by 50% from 1q 2018. From initial stimulation and formation integrity testing to post-frac analysis, we're always ready to help your crew maximize production rates, minimize downtime and run more safely. Why is fracking necessary? 3. On March 28, Concho announced its latest acquisition, RSP Permian. Each shale well drilled in the Lower 48 requires somewhere around 50 frac stages. Prices have been under pressure for some time thanks to oversupply in the market. Meanwhile, sand itself—as used by E&P companies—has changed. recycling water. Surrounded By The Best. Half of Keane's existing horsepower are deployed in Permian. 5M Deal Article Related Press Releases ( 1 ) Stock Quotes (1) Comments (0) FREE Breaking News Alerts from StreetInsider. Dual-fuel scenarios in fracturing fleets are currently most applicable when a fleet is dedicated long-term to a specific play and/or particular operator. Oilfield services provider ProPetro Holding Corp. active land rig count stood at 849, as of April 28. As of January 2017, the company operates 32 frac fleets with a diverse customer base across the Permian, Eagle Ford, and SCOOP/STACK. Typically, frac sand and ceramic proppants are brought from the source (mines or plants) to a storage location in or near the basin where they will be pumped. With 24-hour dispatching from our strategic stock points, PBSH’s truck fleet delivers anywhere the roads can take us. The national frac spread () continues to decline as work remains slow across the U. Vertically integrated partner company for equipment design. " A pump jack stands at dusk in the Permian. Shale Intel tracks active horizontal frac fleets by basin and provides market estimates moving forward. The company offers a wide range of services including acidizing, cementing, and. Detmar Logistics provides an unmatched level of service in the frac sand logistics industry. The Fast-Changing Frac Frontier. More Permian Basin wells are being hydraulically fractured and completed than ever before, and the work is being done with far fewer workers than just a year ago, according to new studies. Who we are Energy Factor • June 11, 2019. While takeaway limitations have created temporary production challenges, we are pleased that the developing imbalances for frac services in the Permian have not yet impacted Liberty fleets. has the in-house technology and expertise to test, service, repair and rebuild virtually every unit in any frac fleet. Please enter captcha below. Permian Still Needs 60 Frac Fleets. Long branded as a technical leader in shale, EOG is using four electric frac fleets in the Delaware Basin and Eagle Ford. At the open end, or the top of the horseshoe, is a data center, or a trailer containing about five to six people controlling the science of the job. In West Texas, we have identified demand for an additional 60 frac fleets (3MM horsepower), which, if added, would result in another 1. Schlumberger (NYSE: SLB) partnered with Weatherford (NYSE: WFT) to create OneStim, a pure-play hydraulic fracturing business serving North America. Our large fleet of trucks and specially trained drivers set us apart from the rest. Premium Oilfield Services is an independent oilfield service company dedicated to providing its customers with the best service in the industry. The frac jobs generally increased production, especially from lower-yielding wells. If you would like to be a part of a winning team, please apply. From automated rig components to integrated drilling solutions, Nabors provides the latest innovative technologies that are changing the way wells are drilled. Cisco Logistics is the premier logistics company specializing in Frac sand, Sandbox, Pneumatic, Silo, and Heavy hauls. The evolution of hydraulic fracturing is a long and circuitous one that deserves examination. Well Services Inc. Well Services—which has a total of five electric fleets—signed in March a long-term electric frac fleet contract of up to four years with Shell for the Permian. BHGE’s proven electric fracturing technology has already powered remote pressure pumping fleets in North America, with BHGE becoming the first company to successfully deploy gas turbines used in electric fracturing. " "Our electric frac fleets are powered. Our on-site fueling services are available to refuel your equipment around the clock. "Catalyst will significantly expand CES' position and market-share of production and specialty chemicals in the Permian Basin, selling into the production, fracturing, drilling, and pipeline verticals," CES said, adding that it sees the Permian Basin having the most near-term opportunities for growth. Sep 15, 2019 · A new fracking process called E-Frac weds two longstanding oilfield technologies to create an innovative solution. Permian Basin Hiring Events is a Full-Time Hiring Event/Job Fair planner, in the Permian Basin. Keane’s primary service offerings include horizontal and vertical fracturing, wireline perforation and logging, engineered solutions, and cementing, as well as other value-added service offerings. Echoing our June report, service companies have stacked too much equipment, leaving only 8-9 million horsepower to. (Sand sourced in the Permian basin will have lower transport costs, however it is coarser than the fine-grain sand supplied by the mines in Northern Wisconsin. Atlas meets the fuel and service needs of businesses nationally. Halliburton Co. Search or browse our list of Hydraulic Fracturing Wells companies by category or location. The Horizontal Well 10 Stage Frac Schematic was created by John Perez Graphics. Typically, frac sand and ceramic proppants are brought from the source (mines or plants) to a storage location in or near the basin where they will be pumped. All our acid tanks also have safety decals. Browse 8 FRAC FUEL TECHNICIAN Jobs ($35K-$50K) hiring now from companies with openings. PRESSURE CONTROL. Frac Tank Rentals is the leading independent frac tank rental company operating in the Permian Basin area of West Texas. STEP’s conventional fracturing fleet represents 490,000 pressure pumping horsepower with capabilities designed for operations in large, equipment intensive plays in North America. 9 million for typical Permian operations with modern zipper frac and multi - stage/multi - pad operations. Pumps move to the Permian under market pressure.