icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Diamondback Energy, Halliburton, and VoltaGrid: A New Era of Clean Fracturing

Wesley ParkFriday, Dec 13, 2024 11:39 am ET
4min read


In a significant step towards sustainability in the oil and gas industry, Diamondback Energy, Halliburton, and VoltaGrid have signed an agreement to deploy four advanced electric simul-frac fleets across the Permian Basin. This collaboration marks a turning point in the energy sector, as companies strive to reduce emissions and enhance operational efficiency. Let's delve into the details of this groundbreaking partnership and its implications for the industry.



The integration of Halliburton's ZEUS™ 6,000-horsepower (HHP) all-electric fracturing technology with VoltaGrid's advanced power generation systems creates a high-performance, low-carbon solution tailored to the demands of the Permian Basin. This innovative approach combines electric pumping units, Octiv® Auto Frac service, and Sensori™ fracture monitoring service, optimizing fracture execution and minimizing environmental impact.

Under the agreement, VoltaGrid will deploy its next-generation, high-capacity simul-frac generators and expand its compressed natural gas (CNG) infrastructure at Diamondback Energy's microgrid facility. This infrastructure expansion ensures a reliable natural gas feedstock supply, particularly when pipeline gas is unavailable, further enhancing operational reliability while minimizing emissions.

"This collaboration reinforces our commitment to driving efficiency and sustainability in oil and gas operations," said Danny Wesson, Executive Vice President and Chief Operating Officer at Diamondback Energy. "The integration of Halliburton's innovative electric fracturing technology and VoltaGrid's cutting-edge power systems allows us to achieve superior performance while significantly reducing our environmental impact."



The deployment of these electric simul-frac fleets is expected to drive meaningful emissions reductions, enhancing operational reliability while minimizing emissions. By utilizing electric power instead of diesel or natural gas, the new fleets eliminate direct emissions from fuel combustion. Additionally, the use of electric power from the grid, rather than on-site generators, further reduces emissions by tapping into cleaner energy sources.

This collaboration between Diamondback Energy, Halliburton, and VoltaGrid demonstrates a commitment to sustainability and operational excellence in the oil and gas industry. As the energy sector continues to evolve, partnerships like this one will be crucial in driving innovation and reducing the industry's environmental footprint.

In conclusion, the agreement between Diamondback Energy, Halliburton, and VoltaGrid signals a new era of clean fracturing in the Permian Basin. By embracing electric technology and advanced power systems, these companies are paving the way for a more sustainable and efficient energy future. As the industry continues to adapt to changing market demands and environmental concerns, collaborations such as this one will be essential in driving progress and ensuring long-term success.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.