AFGlobal Completes Field Evaluation of DuraStim® Pump
ProPetro Holding Corp. (PUMP)
Last propetro holding corp. earnings: 3/31 04:54 pm
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US:NASDAQ Investor Relations:
ir.propetroservices.com
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Source: Business Wire
Company Successfully Trials New Technology for ProPetro HOUSTON--(BUSINESS WIRE)-- AFGlobal today announced the successful completion of its field evaluation of the DuraStim® pump in the Permian Basin. AFGlobal’s new patented pressure pumping technology offers end users tremendous advantages over traditional fracking technology and those offered by other electric and turbine based systems. The trial, which began last month, followed five years of stringent design and engineering, and significant in-house testing to prove out suitability for actual pressure pumping operations. Designed by AFGlobal’s Pressure Pumping Technologies group, the DuraStim frac pump at 6000 HP, offers the equivalent of three times the effective horsepower of a conventional frac unit, while operating at approximately 10 percent of the cyclic rate. The DuraStim pump offers many advantages, including more than a 65 percent r
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- PUMP's page on the SEC website