Canonsburg-based Olympus Energy announced it has entered into a contract with U.S. Well Services (USWS) for electric pressure pumping.
Olympus, a developer of natural gas resources in southwestern Pennsylvania, will use USWS through 2022 and for up to two additional years. USWS, a provider of hydraulic fracturing services, will operate a Clean Fleet for Olympus.
“U.S. Well Services is pleased to be partnering with Olympus under a long-term contract,” USWS President and CEO Joel Broussard said. “We look forward to building off of the success we had during our electric fleet field trial in late 2021. Olympus is a premier E&P operator in Appalachia and has consistently demonstrated a focus on environmental stewardship. Our Clean Fleet® technology will help Olympus achieve its environmental goals and realize fuel savings and other important health, safety, and environmental benefits.”
USWS provides patented electric frac technology, including a fully electric mobile well stimulation system powered by locally-supplied natural gas. The company’s electric frac technology decreases emissions and sound pollution while generating operational efficiencies.
“At Olympus, we actively seek out opportunities for improvement. The commitment to USWS’s Clean Fleet technology is a prime example of the team’s continuous efforts to reduce our environmental footprint, increase operational efficiency, and lessen any potential short-term impacts for the communities where we operate,” Mike Wahl, Olympus senior vice president and COO, said. “We’re proud to announce this partnership with USWS and to leverage their leading technology into our 2022 development program.”