WILLIAMSVILLE, N.Y.,
July 29, 2021 /PRNewswire/
-- Today, Seneca Resources Company, LLC ("Seneca"), the exploration and production
segment of National Fuel Gas Company (NYSE: NFG), and U.S. Well
Services (NASDAQ: USWS) ("USWS") announced their collaboration on
an upcoming field trial using USWS' Clean Fleet® technology to
complete a six well pad in Lycoming County, within Seneca's Eastern Development Area. This field
trial, which started in mid-July, represents Seneca's first well completions using
all-electric fracturing technology and is the latest example of
Seneca's focus on greenhouse gas
emissions reductions. Results from the field trial are
expected to be incorporated into Seneca's ongoing, first-of-its-kind study of
available low-carbon well completion equipment, analyzing the
emissions data from real-time well stimulation operations.
"As a long-standing sustainability-focused operator in the
lowest emissions intensity shale basin in the United States, Seneca continues to look for ways to further
reduce its carbon footprint, including the use of best in class
emissions reduction practices," said Justin
Loweth, President of Seneca. "Our field trial with
USWS is another step in this direction, allowing Seneca to evaluate the potential environmental
benefits of this well completions solution in our ongoing
operations."
"Seneca is a leading E&P
operator in the Appalachian Basin that has routinely demonstrated a
commitment to reducing the environmental impact of its operations,"
commented Joel Broussard, the USWS'
President and CEO. "We are excited to demonstrate the
capabilities of our Clean Fleet® technology, especially as
Seneca undertakes its detailed
study of the emissions performance of various hydraulic fracturing
solutions. Our technology has consistently delivered
measurable reductions in greenhouse gas emissions, as well as
significant fuel cost savings, and we look forward to showcasing
these benefits for Seneca."
National Fuel Gas Company
National Fuel Gas Company is a diversified energy company
headquartered in Western New York
that operates an integrated collection of natural gas and oil
assets across four business segments: Exploration and Production,
Pipeline and Storage, Gathering, and Utility. Seneca Resources
Company, LLC is the exploration and production segment of National
Fuel Gas Company.
NFG Contacts:
Kenneth Webster
Analyst Contact
716-857-7067
Rob Boulware
Media Contact
412-548-2572
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 USWS' 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. USWS' electric frac technology
decreases emissions and sound pollution while generating
operational efficiencies, including customer fuel cost savings
versus conventional diesel fleets. For more information visit:
www.uswellservices.com. Information on the USWS website is not part
of this release.
USWS Contacts:
U.S. Well Services
Josh Shapiro
Vice President, Finance and Investor Relations
IR@uswellservices.com
Dennard Lascar Investor
Relations
Lisa Elliott
(713) 529.6600
USWS@dennardlascar.com
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SOURCE U.S. Well Services, Inc.