ProPetro Secures Term Contract to Provide Electric Frac Services
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ProPetro has secured a term contract to provide electric hydraulic fracturing services to a major operator in the Permian Basin. This contract will expand ProPetro's FORCE fleet and mobile power generation capabilities.
December 20, 2024 | 12:00 pm
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ProPetro has secured a significant contract to provide electric hydraulic fracturing services, which will expand its FORCE fleet and mobile power generation capabilities.
The new contract is likely to enhance ProPetro's market position and operational capacity in the Permian Basin, a key area for oil and gas production. This expansion of services and capabilities is expected to positively impact ProPetro's financial performance and stock price in the short term.
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