Halliburton has announced that it has delivered the first electric grid-powered fracturing operation in the Permian basin as the industry explores different ways to reduce carbon emissions.
Since November, the company has performed the work on several pads for Cimarex Energy and completed around 340 stages across multiple wells to date using utility-powered electric frac pumps.
Halliburton Production Enhancement vice-president Michael Segura said: “Electric fracturing aligns with our goal to provide the industry with lower-carbon intensive solutions and our commitment to a sustainable energy future.
“With Halliburton’s leading electric fracturing capabilities, coupled with an innovative operator like Cimarex, grid power can offer one of the most effective and capital efficient solutions for electric fracturing.”
Grid-powered electric fracturing will help the operator achieve lowest emissions profile compared to turbines and Tier 4 dual fuel engines. The technology also increases operational reliability with a lower capital outlay compared to turbines.
Cimarex Permian Business Unit vice-president Michael DeShazer said: “Cimarex has focused its infrastructure investment on creating operational efficiencies and reducing emissions including ownership of the electrical grid on our Culberson and Reeves County acreage.
“These investments are enhanced by Halliburton’s grid-powered fracturing operation. We look forward to the continued development of this technology with Halliburton across Cimarex’s assets.”
Established in 1919, Halliburton provides products and services to the energy industry. The company has more than 40,000 employees.
In the first quarter of last year, Halliburton reported a net loss of $1bn following the Covid-19 outbreak.
