Benzinga | Jul 27, 2021 04:31PM EDT

U.S. Well Services Announces Upcoming Electric Fracturing Work for Pioneer Natural Resources

U.S. Well Services (NASDAQ:USWS) ("USWS" or the "Company") today announced it will be deploying an all-electric Clean Fleet(r) to work for Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer"). The electric fleet will support Pioneer's Midland Basin completion operations for the fourth quarter of 2021.

"U.S. Well Services is thrilled to be working with Pioneer on this field trial," commented Joel Broussard, USWS' President and CEO. "Pioneer is not only a best-in-class operator in the Permian Basin, but has also taken a leadership role in the oil and gas industry by committing to reducing greenhouse gas emissions. We believe our Clean Fleet(r) technology will enable Pioneer to reduce completion costs while also lowering the emissions intensity of its operations. "