In its quarterly announcement of results for 2020Q4, Houston-based Halliburton said this week that it successfully deployed the industry’s first electric-powered fracturing operation for Cimarex Energy in Permian Basin. Halliburton has completed more than 300 stages across multiple wells using utility-powered electric frac pumps that demonstrated “consistent superior performance.” Halliburton said its electric-powered equipment is engineered to utilize the maximum power potential from the grid, “allowing the customer to achieve pump rates of 30 percent to 40 percent higher than with conventional equipment.”
Bloomberg called it “the latest example of how the U.S. shale industry is looking for ways to reduce emissions amid heightened scrutiny from investors.” Michael Segura, vice president, said, “Electric fracturing aligns with our goal to provide the industry with lower carbon-intensive solutions and with our commitment to a sustainable energy future.”