Dallas-based Axis Energy Services said recently it has deployed the industry’s first fully electric well service rig on wells operated by Occidental Petroleum in Permian Basin. Axis said its EPIC RIG “provides improvements in safety and efficiency as well as the ability to run on grid power for reduced emissions and increased fuel flexibility.” EPIC currently is reworking production wells for Occidental under a long-term contract.
CEO Ryan Phillips said March 11, “The EPIC RIG is easily the biggest leap forward for well service technology in decades. Its deployment by Occidental signals the arrival of a new generation of well service rigs built for tomorrow’s oilfield.”
Bob Barnes, senior vice president of Oxy, added, “Expanding electrification is integral to Oxy’s strategy because it contributes to emissions reductions, improves efficiency, creates cost savings and leverages technology to accelerate our net zero goals.”
Axis said it is developing two additional EPIC RIGs (electric powered intervention and completion) for launch later this year.