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Operator Touts Exceptional Results From Electric Frac Fleet; $1million Savings

Range Resources mentioned in its 2Q 2019 call back in August, that the company was working with a Frac Vendor on deploying a electric fleet. Today the company is providing an update on the progress made.
1. 10 stages per day, peak 14. To provide context, regular fleets are able to complete on average of 5.7 stages to per day.
2. Fuel Savings of $1.2 million
Source : Antero Resources, Shale Experts Presentation Database
Here is what the company said.
"The electric fracturing fleet test that was mentioned on our second quarter call. The team has since completed our second pad with this fleet, which was located in our dry gas acreage in Southwestern PA. Over 400 frac stages were completed on this pad while averaging almost nine stages per day, all while the team continued to refine…
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