Halliburton And VoltaGrid Electric Solution Reduces Emissions for Chesapeake Energy Corporation
Retrieved on:
Wednesday, August 4, 2021
Halliburton Company (NYSE: HAL) and VoltaGrid LLC today announced the first successful deployment of an advanced electric fracturing solution.
Key Points:
- Halliburton Company (NYSE: HAL) and VoltaGrid LLC today announced the first successful deployment of an advanced electric fracturing solution.
- This project is the first pad in a multi-year contract with Chesapeake Energy Corporation (NASDAQ: CHK) with more than 140 stages in the Marcellus.
- This high-performing solution reduced emissions for Chesapeake by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeakes local field gas network.
- Chesapeake is the first operator to use the VoltaGrid system on an electric frac operation, said Nathan Ough, CEO of VoltaGrid.