Houston, TX – September 2021 – SCF Partners (“SCF”) portfolio company Nine Energy Service (NYSE:NINE) (“Nine”) has introduced an electric wireline unit that allows operators to pursue carbon-reduction objectives while maintaining project efficiencies. Along with lower emissions, e-wireline provides a multitude of advantages over traditional wireline trucks, including delivering four times the power.
“At Nine, we are committed to providing lower GHG emissions completions options for our customers to enable them to reduce their scope 1 and 2 emissions,” said Ann Fox, Nine’s President and Chief Executive Officer. “ESG is a focus for Nine, and we will continue to dedicate resources to these initiatives.”
Other benefits of Nine’s new e-wireline unit include a much quieter and safer worksite. The power source no longer comes from loud truck engines. Plus, the reaction time during pump down is faster than traditional units, reducing both the amount of water used for the procedure and the number of crew needed.
“SCF’s belief is that the world will continue to need oil and gas for a long time, so it is important that the industry does everything it can to lower the carbon footprint of operations,” says Andy Waite, SCF Co-President and Nine Board Member. “We are excited to see Nine provide innovative solutions to its customers that not only reduce GHG emissions but deliver efficient and safe results.”
About Nine Energy Service
Nine Energy Service is an oilfield services company that offers completion solutions within North America and abroad. The Company brings years of experience with a deep commitment to serving clients with smarter, customized solutions and world-class resources that drive efficiencies. Serving the global oil and gas industry, Nine continues to differentiate itself through superior service quality, wellsite execution and cutting-edge technology. Nine is headquartered in Houston, Texas with operating facilities in the Permian, Eagle Ford, SCOOP/STACK, Niobrara, Barnett, Bakken, Marcellus, Utica and Canada. To learn more, go www.nineenergyservice.com