Expand Energy Partners with Evolution Well Services to Deploy 100% Electric Frac Technology in Northeast Appalachia

EXE
February 24, 2026

Expand Energy Corporation announced a partnership with Evolution Well Services to deploy Evolution’s 100% electric hydraulic fracturing technology in its Northeast Appalachia completions program. The agreement introduces Evolution’s fully integrated, patent‑protected electric frac operations, in‑house power generation, and field gas conditioning services to Expand Energy’s fleet, aiming to reduce noise, shrink equipment footprints, and streamline surface layouts.

The electric fracturing system combines high‑power electric pumps, on‑site power generation, and gas‑conditioning units, while Evolution’s data capture and analytics platform is integrated into Expand Energy’s digital ecosystem. The result is real‑time transparency into operational and environmental metrics, enabling tighter control over well‑stimulus quality and environmental impact.

Electric fracturing can lower well costs by cutting diesel consumption and equipment wear, and the integrated power generation and gas conditioning can reduce capital and operating expenditures. The partnership aligns with Expand Energy’s broader focus on safety, environmental stewardship, and capital efficiency, and supports its goal of achieving a well‑cost advantage below $3 per Mcf in the Haynesville while strengthening its competitive moat in the Northeast Appalachia basin.

The collaboration is part of Expand Energy’s strategy to deliver lower‑cost, high‑quality natural gas and to leverage innovative technology for operational excellence and shareholder value. By adopting a low‑emission, high‑efficiency fracturing solution, the company positions itself ahead of the industry trend toward electric fracturing and reinforces its commitment to sustainable, cost‑effective production.

Nick Ruppelt, Chief Operating Officer of Evolution Well Services, said, “We are proud to partner with Expand Energy who shares our commitment to innovation, safety, and responsible energy development. Our integrated electric fracturing, power generation, and field gas conditioning processing platform is built to support Expand Energy’s mission to deliver the energy the world needs affordably, reliably, and responsibly. Together, our aligned safety cultures and advanced technology strengthen wellsite execution and demonstrate how a strong partnership drives reliable, high‑quality completions.” Josh Viets, COO of Expand Energy, emphasized the significance of this integration in boosting operational efficiency while maintaining the company’s high standards for safety and environmental care.

Expand Energy reported strong fourth‑quarter 2025 results, with cash flow per share, free cash flow, and production all exceeding consensus estimates by 15%, 13%, and 1% respectively. The company’s 2025 full‑year revenue of $12.124 billion and net income of $1.819 billion underscore its robust financial position, providing a solid foundation for the new electric fracturing initiative.

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