In 2019, the virtues of switching diesel-powered frac fleets to gas-powered electric have been extolled by companies such as EOG, Shell, Baker Hughes, Halliburton, Evolution and US Well Services.
The chief benefit is a material cost saving, quantified per well in this data-model, as a function of the frac fleet size, its upgrade costs, its fuel usage. diesel prices and gas prices.
Additional benefits are also noted in the file, such as CO2 reductions, higher reliability, smaller pad sizes, NOX reductions and noise reductions. We also think over the long run, 200mmcfd of stranded Permian gas could be absorbed.