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Range, US Well Services Ink Appalachia Frac Service Deal

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   |    Tuesday,January 12,2021

U.S. Well Services, Inc. and Range Resources have finalized an extended their electric hydraulic fracturing service contract in the Appalachian Basin.

Joel Broussard, U.S. Well Services' President and Chief Executive Officer, said: "We are excited to continue working for Range with our revolutionary Clean Fleet® electric hydraulic fracturing solution. Together our companies have partnered to execute Range's development strategy while continuing to reduce emissions, noise and fuel consumption required of well completions.  Range is a top-tier E&P operator, and we look forward to supporting their completions program."

Range CEO Jeff Ventura added: "Range is a leader in capital efficiency, well costs and reducing emissions intensity thanks to the implementation of advanced technologies like U.S. Well Services' electric fracturing fleet.  This partnership allows us to improve our class-leading well costs, while helping to make substantial progress towards our ambitious goal of net-zero greenhouse gas emissions."

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