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ProPetro signs 3-year electric fracking services deal with ExxonMobil in Permian
ProPetro Holding Corp.
- Three-year agreement to provide FORCESM electric hydraulic fracturing services to ExxonMobil in Permian Basin.
- Deployment of two FORCESM electric frac fleets plus wireline/pumpdown services in H1 2024; option for third fleet in early 2025.
- Agreement includes performance incentives and continues long-standing partnership since 2015.
- ProPetro CEO cites move toward more sustainable, industrialized service solutions.