Halliburton And VoltaGrid Electric Solution Reduces Emissions for Chesapeake Energy Corporation
August 04 2021 - 8:30AM
Business Wire
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. It combines Halliburton’s
all-electric fracturing spread featuring the Zeus™ 5,000 horsepower
(HHP) electric pumping unit with VoltaGrid’s advanced power
generation system. This high-performing solution reduced emissions
for Chesapeake by 32% and applied over 25 megawatts of lower-carbon
power generation by leveraging Chesapeake’s local field gas
network.
“By safely reducing our emissions profile without impacting the
reliability and performance of our operations, this partnership has
exceeded our expectations and further demonstrates our commitment
to leading a responsible energy future as we continue on our path
towards achieving net-zero direct emissions,” said Patrick Finney,
Chesapeake’s Vice President – Completions.
Chesapeake credited the two technologies for reducing emissions
and driving additional fuel savings. Unlike other pumping units
that may average around 3,000 HHP, a single Zeus pumping unit
delivers 5,000 HHP at over 22 barrels per minute (BPM).
Halliburton’s all-electric spread features a newly designed
large-bore, dual-manifold trailer, which allows the Zeus pumps to
achieve higher rate capacities with fewer failure points. With its
electric-based powertrain and industry leading pump technology, the
Zeus pumping unit delivers 40% higher performance than conventional
pumps. This spread also provides electric blending, wireline, and
ancillary equipment.
“Halliburton’s Zeus fracturing operation exceeds expectations of
what is possible with electric fracturing technology,” says Michael
Segura, vice president of Halliburton Production Enhancement.
“Being able to sustainably deliver higher performance on a
prolonged basis reflects the performance and reliability built into
this electric pumping equipment.”
Using VoltaGrid’s emissions portal, Chesapeake can track and
analyze real-time emissions and carbon intensity throughout the
completions operation, allowing the operator to maximize fuel
efficiency and minimize emissions.
“Chesapeake is the first operator to use the VoltaGrid system on
an electric frac operation,” said Nathan Ough, CEO of VoltaGrid.
“The exceptional performance of VoltaGrid allowed Chesapeake to
quickly scale power generation to meet the high intermittent
demands of a modern completions design.”
About Halliburton
Founded in 1919, Halliburton is one of the world's largest
providers of products and services to the energy industry. With
approximately 40,000 employees, representing 130 nationalities in
more than 70 countries, the company helps its customers maximize
value throughout the lifecycle of the reservoir — from locating
hydrocarbons and managing geological data, to drilling and
formation evaluation, well construction and completion, and
optimizing production throughout the life of the asset. Visit the
company’s website at www.halliburton.com. Connect with Halliburton
on Facebook, Twitter, LinkedIn, Instagram and YouTube.
About VoltaGrid LLC
VoltaGrid is an advanced energy management and generation
company that has developed an innovative platform to provide power,
energy storage, and emissions reductions for the pressure pumping,
remote mining, utility, and distributed generation industries.
VoltaGrid’s fully integrated artificial intelligence platform
provides live emissions tracking, asset carbon intensity, automated
back-office management, and ESG reporting on a centralized
database. Learn more at voltagrid.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210804005485/en/
For Halliburton
Investors: Abu Zeya Halliburton, Investor Relations
Investors@Halliburton.com 281-871-2633
Media: Emily Mir Halliburton, Public Relations
PR@Halliburton.com 281-871-2601
For VoltaGrid Nathan Ough
President & CEO Nathan.Ough@voltagrid.com 281-636-3074
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