Chris Wright — Chief Executive Officer and Chairman during his Earnings Call. Our industry has been hit with two large shocks since our last quarterly…
Tag: Chris Wright
Our industry is rarely celebrated.
“Our industry is rarely celebrated. We’re here to change that” Liberty CEO Chris Wright rallies thousands of hashtag#oilandgas industry workers at the Colorado Capitol.
Is Electric Fracking Feasible In 2018 or in 2019?
The next decade will be an exciting one for the energy industry, especially that of the frac industry and for those who worry about climate change and the environmental impact of our energy use.
Liberty frac‘s Chris Wright was asked about running a 100% Electric Fracking Fleet in 2018?
we have looked electric frac fleet really since we started the company. And we watch that technology and it’s intriguing. To-date that for us the trade-offs haven’t arrived yet. The downside is that they cost a lot more between 50% and 100% more to put together a fully electric frac fleet.
And it looks like endless the price drops, there will be no 100% Electric Fracking Fleet in the near term for Liberty frac. But that hasn’t stopped Evolution Well Services, They have a 100% Electric Fracking Fleet already working. Just as US Well Services.
The Clean Fleet with Whisper is the first fully electric, fully mobile electric-powered hydraulic fracturing fleet.
Liberty Oilfield Services – Second Quarter Of 2018 Results.
Liberty’s operations in the Permian continued to grow and thrive. Local sand volumes in the pipeline for several quarters now began to materialize in meaningful quantities during the second quarter and we see that trend continuing in the third quarter, driving down well costs for our customers. With significant new industry pumping capacity added to the Permian Basin during 2017 and 2018. While takeaway limitations have created temporary production challenges, we are pleased that the developing imbalances for frac services in the Permian have not yet impacted Liberty fleets. Read more
Chris Wright, Liberty Oilfield Services Talks Frac
Liberty Oilfield Services shares soar on new fracking IPO from CNBC. Tech nerds that do fracking Oil producers are unlikely to significantly expand drilling budgets…