Midland-based ProPetro Holding Corp. said Monday it reached agreement with ExxonMobil to provide electric hydraulic fracturing services in the Permian Basin. The three-year agreement includes deployment of two electric hydraulic fracturing fleets and wireline and pumpdown services in first half of 2024. There is an option for a third fleet early next year.
Sam Sledge, CEO, said, “We’re thrilled to announce a key strategic step for ProPetro as we strengthen our longstanding relationship with ExxonMobil… By introducing our electric fleets, we’re moving toward a more sustainable and industrialized future together.” ProPetro provides completion services to upstream oil and gas companies engaged in exploration and production of unconventional oil and natural gas resources in North America.