THE WOODLANDS, TX (JANUARY 2017) – Evolution Well Services announces their commercialization into the Utica Shale/Marcellus Shale market of North America with Gulfport Energy (NASDAQ: GPOR) as their client.
As a component of Evolution Well Services’ business plan to service each major North American geomarket, Evolution is launching operations with Gulfport Energy for a large scope of fracturing activity planned for January of 2017 in the Utica Shale of Ohio. Since initial commercialization, Evolution’s 100% electric, natural gas fueled, turbine powered fracturing fleet has been highly utilized in the Permian and the Eagle Ford basins. Evolution’s Vice President of Sales and Marketing, Chris Combs, states “Our current clients have recognized a tremendous value in our technology and service in the southern U.S. and with our mobilization into the Northeast area as a strategic supplier to Gulfport Energy, they will experience the advantage of capturing the value drivers Evolution offers such as our reduced emissions, noise levels, footprint and our ability to utilize the economic advantages of natural gas fuels. Evolution is appreciative to partner with Gulfport in providing solutions for their completion requirements and challenges. Evolution is proud to usher in this NextGen fleet and looking forward to launching the additional electric fleets planned for 2017”.
100% ELECTRIC POWERED HYDRAULIC FRACTURING TECHNOLOGY
Evolution Well Services provides natural gas fueled, electrically driven hydraulic fracturing services by operating a proprietary, multi-patented system that generates electric power utilizing a General Electric TM2500+ gas turbine generator fueled by locally supplied field gas or alternate natural gas sources. Continuing with further technological advancements within the electrically powered pressure pumping equipment market, Evolution Well Services has entered into an exclusive OEM agreement with General Electric providing the path for Evolution to develop built for purpose, enhanced power generation offerings for hydraulic fracturing operations.