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$USWS - A Cleaner Way To Frack

Long
NASDAQ:USWS   None
Another oil play. With a slightly greener way to frack in the spotlight.

U.S. Well Services, LLC, provides high-pressure, hydraulic fracturing services in unconventional oil and natural gas basins. Both our conventional (diesel) and Clean Fleet® (electric) hydraulic fracturing fleets are among the most reliable and highest performing fleets in the industry, with the capability to meet the most demanding pressure and pump rate requirements in the industry.

Considering the Russin oil embargo, this company should receive positive gains from companies needing equipment to frack heading forward. They also have a cleaner model that may be attractive to drillers.

The company cut a new deal as recently as a week ago. "Olympus Energy, U.S. Well Services finalize electric frac contract"

"“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.”

The fact that USWS has moved toward a cleaner model will be attractive to investors in these drilling and fracking companies.


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