Newsletter
Careers
103235812-GettyImages-142007270-1200x814.jpg

Occidental operates fully electric well service rig from Axis Energy Services

April 7, 2024 Oil & Gas

Dallas-based Axis Energy Services said recently it has deployed the industry’s first fully electric well service rig on wells operated by Occidental Petroleum in Permian Basin.  Axis said its EPIC RIG “provides improvements in safety and efficiency as well as the ability to run on grid power for reduced emissions and increased fuel flexibility.”  EPIC currently is reworking production wells for Occidental under a long-term contract.

CEO Ryan Phillips said March 11, “The EPIC RIG is easily the biggest leap forward for well service technology in decades.  Its deployment by Occidental signals the arrival of a new generation of well service rigs built for tomorrow’s oilfield.”

Bob Barnes, senior vice president of Oxy, added, “Expanding electrification is integral to Oxy’s strategy because it contributes to emissions reductions, improves efficiency, creates cost savings and leverages technology to accelerate our net zero goals.”

Axis said it is developing two additional EPIC RIGs (electric powered intervention and completion) for launch later this year.

The post Occidental operates fully electric well service rig from Axis Energy Services appeared first on Permian Basin Oil and Gas Magazine.


IMPORTANT MESSAGE:

We are aware of a number of text messages and social media post’s, websites, from third-parties posing as Eric Morgan or representing Zeapro ( Zeapro Energy) for the purpose of fraudulent activity.

If you believe you have been contacted please contact us by - WhatsApp:  +1 832 521 1009, Viber:  +17028865546 or Email: [email protected]