USWS - U.S. Well Services wins electric fracturing work for Pioneer Natural
grandriver/E+ via Getty Images U.S. Well Services ([[USWS]] +10.4%) surges at the open following news it will be deploying an all-electric Clean Fleet to work for Pioneer Natural Resources ([[PXD]] +0.5%) to support Midland Basin completion operations in Q4. "We believe our Clean Fleet technology will enable Pioneer to reduce completion costs while also lowering the emissions intensity of its operations," U.S. Well President and CEO Joel Broussard says. U.S. Well said earlier that it expects to have fully exited the diesel frac market by year-end 2021, becoming an all-electric hydraulic fracturing services provider.
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U.S. Well Services wins electric fracturing work for Pioneer Natural