Surge Energy Announces Electric Frac Fleet

HOUSTON, June 25, 2021 /PRNewswire/ — Surge Energy US Holdings Company (“Surge Energy” or the “Company”) announces it will partner with U.S. Well Services (NASDAQ: USWS) (“USWS”) on a field trial using USWS’ all-electric Clean Fleet®. This project represents Surge’s first well completions using all-electric hydraulic fracturing technology.

“The utilization of Surge’s electrical infrastructure for fracking is the latest example of Surge’s commitment to sustainability through GHG emissions reduction,” stated Linhua Guan, Surge’s CEO. “We are excited to be partnering with USWS on this project based on both companies’ shared commitment to reduce emissions through the use of innovation.”

“U.S. Well Services is pleased to be partnering with Surge Energy,” commented Joel Broussard, USWS’ President and CEO. “Surge is a leading Permian Basin E&P operator and has consistently proven their commitment to reducing the emissions intensity of their operations through the use of advanced fracturing technology. Surge is an ideal customer for USWS given its dedication to electrifying the oilfield, as evidenced by their investments in infrastructure that could ultimately enable zero-emissions well completions using grid power. We are excited to deploy our Clean Fleet for Surge and demonstrate the fuel cost savings and emissions reduction potential of the technology during this upcoming field trial. We hope to build upon our relationship with Surge and leverage our intellectual property and expertise to help them explore future opportunities.”

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