Before going public, USWS signs new electric frack fleet deals

By Luke Geiver | October 31, 2018

U.S. Well Services has expanded from West Texas to South Texas with its unique frack fleet offering. The Houston-based firm announced this week it will work with an operator in the Eagle Ford and provide its electric frack fleet starting next year.

The announcement with the Eagle Ford operator comes five days after USWS said it will work with Huntley & Huntley Energy Exploration LLC by providing an electric frack fleet for HHEX’s Marcellus shale operations.

Regarding the contract in South Texas, Joel Broussard, CEO of USWS, said the company is now validated in its frack fleet design and need for the industry. “We look forward to working closely with them to provide safer operations, reduce noise , drive substantial fuel savings and achieve operating efficiencies through the use of natural gas sourced directly from the field,” adding, “We continue to gain momentum with other potential customers as the industry continues to recognize the benefits of electric frack and adopt this innovative and revolutionary technology.”

The electric fleet is powered by natural gas fueled turbine generators. The operations with natural gas-powered turbines reduces noise by 99 percent and fuel consumption by roughly 90 percent, according to USWS.

Later this year, USWS will become a publicly-traded energy company listed on the Nasdaq. Matlin & Partners Acquisition Corp., a publicly-traded special purpose acquisition company, made a move to acquire USWS in July.

In 2019, USWS will have an additional four electric fleets hit the market for other customers as well, according to the company.