VoltaGrid powers Diamondback Energy's fracking operations with 200 megawatts of clean energy
- Diamondback Energy, Halliburton, and VoltaGrid are collaborating to deploy electric simul-frac fleets in the Permian Basin.
- The partnership includes delivering 200 megawatts of electric power and expanding gas infrastructure for reliability.
- This investment reinforces a commitment to sustainability and efficiency in oil and gas operations.
In late 2023, a significant collaboration was announced among Diamondback Energy, Halliburton Energy Services, and VoltaGrid LLC, aimed at transforming the energy landscape in the Permian Basin area of the United States. This partnership focuses on deploying four advanced electric simul-frac fleets, which are based on Halliburton's ZEUS 6,000-horsepower all-electric fracturing technology integrated with VoltaGrid’s state-of-the-art power generation systems. The joint effort is carefully designed to meet the specific operational requirements while maintaining environmentally sustainable practices in oil and gas operations. This strategic investment aims to deliver approximately 200 megawatts of electric power to support field operations conducted by Diamondback Energy, marking a significant investment in cleaner energy solutions in a traditionally fossil-fuel-heavy industry. The deployment of electric simul-frac fleets signifies a notable shift towards enhanced energy efficiency and reduced carbon emissions in fracking operations. As part of this agreement, VoltaGrid will also expand its infrastructure for compressed natural gas at Diamondback Energy’s microgrid facility, ensuring a reliable supply of natural gas, especially in scenarios where pipeline gas may be inaccessible. This infrastructure expansion is a critical aspect of providing operational reliability while proactively addressing the concerns regarding greenhouse gas emissions typically associated with fossil fuel extraction. Danny Wesson, Diamondback's executive vice president and COO, expressed enthusiasm for the collaboration, emphasizing a shared commitment to improving efficiency within oil and gas operations while reinforcing a focus on sustainability. Meanwhile, Nathan Ough, CEO of VoltaGrid, underlined the importance of this collaboration in extending the use of electric frac technology, which not only enhances operational capabilities but also minimizes environmental footprints. Overall, this groundbreaking partnership signifies a pivotal moment in the evolution of energy practices within the oil and gas sector, specifically emphasizing the transition towards more sustainable and innovative extraction methods. By harnessing advanced electric technology and establishing robust infrastructures, the partnership aims to redefine how energy is produced and utilized in one of the world's most prolific oil-producing regions.