HOUSTON, June 25, 2021 /PRNewswire/ -- Surge Energy US
Holdings Company ("Surge Energy" or the "Company") announces it
will partner with U.S. Well Services (NASDAQ: USWS) ("USWS") on a
field trial using USWS' all-electric Clean Fleet®.
This project represents Surge's first well completions using
all-electric hydraulic fracturing technology.
"The utilization of Surge's electrical infrastructure for
fracking is the latest example of Surge's commitment to
sustainability through GHG emissions reduction," stated
Linhua Guan, Surge's CEO. "We are
excited to be partnering with USWS on this project based on both
companies' shared commitment to reduce emissions through the use of
innovation."
"U.S. Well Services is pleased to be partnering with Surge
Energy," commented Joel Broussard,
USWS' President and CEO. "Surge is a leading Permian Basin E&P
operator and has consistently proven their commitment to reducing
the emissions intensity of their operations through the use of
advanced fracturing technology. Surge is an ideal customer for
USWS given its dedication to electrifying the oilfield, as
evidenced by their investments in infrastructure that could
ultimately enable zero-emissions well completions using grid power.
We are excited to deploy our Clean Fleet for Surge and demonstrate
the fuel cost savings and emissions reduction potential of the
technology during this upcoming field trial. We hope to build
upon our relationship with Surge and leverage our intellectual
property and expertise to help them explore future
opportunities."
About U.S. Well Services, Inc.
U.S. Well Services, Inc. is a leading provider of hydraulic
fracturing services and a market leader in electric fracture
stimulation. The Company's patented electric frac technology
provides one of the first fully electric, mobile well stimulation
systems powered by locally-supplied natural gas, including field
gas sourced directly from the wellhead. The Company's electric frac
technology dramatically decreases emissions and sound pollution
while generating exceptional operational efficiencies, including
significant customer fuel cost savings versus conventional diesel
fleets. For more information visit: www.uswellservices.com.
Information on our website is not part of this release.
About Surge Energy
Surge Energy US Holdings Company is an independent oil and
natural gas company focused on the development, exploitation,
production and acquisition of oil and natural gas reserves in the
Midland Basin of West Texas, one
of three primary sub-basins of the Permian Basin. The Company is
headquartered in Houston, Texas,
and currently holds approximately 110,000 net acres in the Permian
Basin. Based on a Railroad Commission of Texas report, Surge was one of only two
internationally sponsored companies in the top 20 oil producers in
the state of Texas in 2019. For
more information, visit our website at www.SurgeEnergyA.com.
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SOURCE Surge Energy