CNX signs on for 4 more years to continue using all-electric fracking fleet
Wednesday, May 4, 2022
CNX Resources recently announced plans to extend its long-term agreement with Evolution Well Services to continue using an all-electric fracking fleet in the Appalachian Basin, according to Natural Gas Intelligence.
CNX COO Chad Griffith said the “safety and efficiency benefits” have been clearly demonstrated after four years of working with Evolution’s all-electric fleet, leading the company to sign on for another four years.
CNX began working with Evolution’s 100% electric and natural gas- fuels fleet in 2019 and the deal has resulted in higher operational efficiencies, lower emissions and significant well cost savings.
CNX holds more than one million Marcellus and Utica shale acres scattered across Ohio, Pennsylvania and West Virginia.
Learn more: Natural Gas Intelligence > CNX Extends Contract for Electric Fracturing Fleet in
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What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
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Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.