Hydraulic fracturing now produces 65% of all the crude oil and 70% of the natural gas in the United States. As the pandemic waned in 2021, rising oil prices meant a return to profitability but also resulted in higher costs for diesel fuel, which powers most of the equipment on frac sites. This has spurred a new trend, e-frac fleets, which are sets of electric pressure pumps, each running on a modular gas turbine. This conversion to natural gas lowers both fuel costs and carbon emissions.
FEATURED PRODUCT
The Fluid Condition Sensor (FCS) is an online device designed for constant, real-time monitoring of critical fuel and oil parameters in hydraulic and marine applications, including conductivity, permittivity, moisture content, temperature, and pressure.
FEATURED VIDEO
Parker's high-pressure hoses are raising the bar for safety, reliability and innovation. From equipment conception to the drilling platform, Parker provides cutting-edge hoses engineered to replace old technology. Learn more.
Interactive
Click on this interactive to learn more about the Parker Oil and Gas offshore drilling ship products.