Halliburton Company (NYSE: HAL) today announced it has successfully deployed the industry’s first electric grid-powered fracturing operation. The job, being performed on several pads for %3Cspan+style%3D%22font-weight%3Anormal%3B%22%3ECimarex+Energy+Co%3C%2Fspan%3E. (NYSE: XEC) in the Permian basin, started in November. To date, Halliburton has completed almost 340 stages across multiple wells using utility-powered electric frac pumps that demonstrated consistent superior performance.
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