• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    U.S. Well Services and KCF Technologies Announce Integration for Electric Frac with Fully Automated Pump Control

    5/18/22 8:00:00 AM ET
    $USWS
    Metal Fabrications
    Industrials
    Get the next $USWS alert in real time by email

    HOUSTON, May 18, 2022 /PRNewswire/ -- U.S. Well Services, Inc. ("USWS" or the "Company") (NASDAQ:USWS) and KCF Technologies, a leading provider of machine health optimization platform, today announced an industry first integration between electric frac pump control systems for fully automated pump controls.  

    KCF's fault detection automation engine, MachineIQ, allows U.S. Well Services to run their fleets intelligently and safely.  With state-of-the-art KCF vibration sensors, MachineIQ provides actionable suggestions to operators based on live health data locally at the job site.  Thus, operators are constantly aware of the health of every individual pump without entering the redzone.

    With U.S. Well Services' next generation Clean Fleet®, Nyx, MachineIQ will be transmitting the operational suggestions directly into U.S. Well Services' Health Automation Server.  Taking into account numerous systems and the associated data every second, U.S. Well Services Health Automation Server will talk to the Control System, provided by Approach Controls, which will autonomously balance the pumping load between the multiple pumps on site. 

    "U.S. Well Services continues to be on the leading edge of digitalization and automation in our industry, innovating next-generation pressure pumping technologies.  Our use of advanced IoT and control systems paired with MachineIQ enables our electric fleets to deliver the highest levels of efficiency, safety and economic value." – Mr. Kyle O'Neill, President and CEO of U.S. Well Services

    Integration Benefits of Automated Pump Controls:

    • Avoiding catastrophic failures, excessive maintenance, and lost production time, U.S. Well Services has realized significant savings since starting their partnership with KCF Technologies in 2014, achieving best-in-class results driven by crew engagement and execution.
    • Continuous monitoring of equipment eliminates the safety threat encountered when entering the red zone.
    • Efficiencies are gained by increasing pumping hours per day through reduction in equipment failure, iron failure, and downtime.

    "Automation means costly, dangerous anomalies that threaten job safety can be addressed in milliseconds compared to the minutes, hours, or days it might have taken in the past." – Dr. Jeremy Frank, CEO of KCF Technologies

    KCF Technologies and U.S. Well Services' engineers have collaborated since 2014 on pump health data for both diesel and electric frac pump units and frac blenders.  They performed equipment teardowns and monitored pressure signatures that indicate various internal pump faults or poor operating conditions.  In 2021 U.S. Well Services' IoT System began streaming data directly to KCF's MachineIQ algorithm.  These learnings, coupled with U.S. Well Services' IoT Platform and KCF's industry knowledge, have led to AI, ML, and advanced analytics that deliver fully automate pump controls.  U.S. Well Services' clients are benefiting from the first move advantages of pursuing health based automated pump controls while unlocking the full potential of years' worth of data.  Initial results of the effort indicate U.S. Well Services' Clean Fleets® are operating at a more consistent rate and at a higher safety level than conventionally seen in the industry.  Patented Clean Fleet® technology is the first fully electric, fully mobile well stimulation system powered by natural gas and will now be the first electric frac pump controls to be completely automated in the industry.

    About U.S. Well Services

    U.S. Well Services, Inc. is a leading provider of pressure pumping services and a market leader in electric fracture stimulation.  The Company's patented electric frac technology provides one of the first fully electric, mobile well stimulation systems powered by locally-supplied natural gas, including field gas sourced directly from the wellhead.  U.S. Well Services' electric frac technology dramatically decreases emissions and sound pollution while generating exceptional operational efficiencies, including significant customer fuel cost savings versus conventional diesel fleets.  For more information visit: www.uswellservices.com.

    About KCF Technologies: 

    KCF is on a mission to permanently solve the complex asset problems that have plagued industry.  Our team develops technology and services that empower industrial businesses to eliminate unplanned downtime, optimize their operations, and outpace their competition.  For more information on SMARTdiagnostics 4.0, visit www.kcftech.com.

    Contacts:

    U.S. Well Services 



    Josh Shapiro, Senior Vice President and CFO



    832) 562-3730



    [email protected]







    Dennard Lascar Investor Relations



    Zach Vaughan



    (713) 529-6600



    [email protected]

     

    Cision View original content:https://www.prnewswire.com/news-releases/us-well-services-and-kcf-technologies-announce-integration-for-electric-frac-with-fully-automated-pump-control-301549856.html

    SOURCE U.S. Well Services

    Get the next $USWS alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $USWS

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $USWS
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by U.S. Well Services Inc. (Amendment)

      SC 13G/A - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Subject)

      2/10/23 4:45:53 PM ET
      $USWS
      Metal Fabrications
      Industrials
    • SEC Form SC 13G/A filed by U.S. Well Services Inc. (Amendment)

      SC 13G/A - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Subject)

      11/9/22 5:00:14 PM ET
      $USWS
      Metal Fabrications
      Industrials
    • SEC Form SC 13D/A filed by U.S. Well Services Inc. (Amendment)

      SC 13D/A - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Subject)

      11/9/22 3:07:58 PM ET
      $USWS
      Metal Fabrications
      Industrials

    $USWS
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Nine Energy Service Announces Changes to the Size and Composition of its Board of Directors

      Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE:NINE) today announced changes to the size and composition of its Board of Directors ("Board"). Following careful consideration, the Board has unanimously agreed that a reduction in the size of the Board from eight to six members by the end of the year and a change in its composition will be beneficial to the Company and its strategic priorities moving forward. Consistent with such strategy, Mr. Ernie Danner, Mr. Andy Waite and Mr. Curtis Harrell resigned as directors effective February 28, 2025. Ms. Julie Peffer and Mr. Richard Burnett were unanimously appointed as directors on February 28, 2025, with Ms. Peffer's service to begin on

      3/5/25 5:17:00 PM ET
      $AMZN
      $BBAI
      $FLS
      $NINE
      Catalog/Specialty Distribution
      Consumer Discretionary
      Computer Software: Prepackaged Software
      Technology
    • ProFrac Holding Corp. Closes on U.S. Well Services, Inc. Acquisition

      ProFrac becomes the largest provider of electric frac services with 12 electric fleets WILLOW PARK, Texas, Nov. 1, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ:PFHC) ("ProFrac" or the "Company") announced today that it has closed on its acquisition of U.S. Well Services, Inc. (NASDAQ:USWS) ("USWS") in a stock-for-stock merger transaction. As a result of this transaction, ProFrac issued an aggregate of approximately 12.9 million shares of the Company's Class A Common Stock to holders of USWS Class A Common Stock, USWS Series A Preferred Stock, USWS Equity Linked Convertible Notes, and USWS equity awards. The equity issued, based on the ProFrac Class A Common Stock 10-day VWAP as of Octo

      11/1/22 9:20:00 AM ET
      $PFHC
      $USWS
      Metal Fabrications
      Industrials
    • U.S. Well Services Announces Second Quarter 2022 Financial and Operational Results

      HOUSTON, Aug. 10, 2022 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company," "USWS," "U.S. Well Services" or "we") (NASDAQ:USWS) today reported second quarter 2022 financial and operational results.  Second Quarter 2022 Highlights Announced merger with ProFrac Holding Corp. ("ProFrac") in a stock-for-stock transaction with a split-adjusted exchange ratio of 0.3366 shares of ProFrac Class A common stock for each share of USWS Class A common stock upon closing of the pending transaction, which is expected in the fourth quarter of 2022Preparation for the proposed merger with ProFrac is continuing as planned, including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Imp

      8/10/22 4:15:00 PM ET
      $USWS
      Metal Fabrications
      Industrials

    $USWS
    Financials

    Live finance-specific insights

    See more
    • U. S. Well Services Announces Second Quarter 2022 Earnings Release Date and Conference Call

      HOUSTON, Aug, 5, 2022 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ:USWS) will issue its financial and operating results for the second quarter 2022 after the market closes on Wednesday, August 10, 2022 and host its earnings conference call and webcast on Thursday, August 11, 2022 at 10:00 a.m. Central Time. By Phone:  Dial 201-389-0872 approximately 10 minutes before the call and ask for the U.S. Well Services call. By Webcast: Log onto U.S. Well Services' website to access an audio webcast, which can be found in the Investor Relations section under "Events & Presentations" tab at https://ir.uswellservices.com/news-events/ir-calendar   For those who cannot listen to the live call, a rep

      8/5/22 7:00:00 AM ET
      $USWS
      Metal Fabrications
      Industrials
    • U. S. Well Services Announces First Quarter 2022 Earnings Release Date and Conference Call

      HOUSTON, May 4, 2022 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ:USWS) will issue its financial and operating results for the first quarter 2022 before the market opens on Monday, May 16, 2022 and host its earnings conference call and webcast the same day at 10:00 a.m. Central Time. By Phone: Dial 201-389-0872 approximately 10 minutes before the call and ask for the U.S. Well Services call. By Webcast: Log onto U.S. Well Services' website to access an audio webcast, which can be found in the Investor Relations section under "Events & Presentations" tab at https://ir.uswellservices.com/news-events/ir-calendar For those who cannot listen to the live call, a replay will be available thr

      5/4/22 6:30:00 AM ET
      $USWS
      Metal Fabrications
      Industrials
    • U.S. Well Services Announces Full-Year and Fourth Quarter 2021 Financial and Operational Results

      HOUSTON, March 30, 2022 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "U.S. Well Services" or "we") (NASDAQ:USWS) today reported financial and operational results for the full-year and fourth quarter of 2021.   Full-Year and Fourth Quarter 2021 Highlights Fully contracted existing electric fleets and executed customer contracts for three of four newbuild Nyx Clean Fleets®Reduced Term A Loans and Term B Loans (collectively the "Senior Secured Term Loan") balance by $125.6 million to $120.7 million at December 31, 2021 from $246.3 million at December 31, 2020 and extended term for 0.0% applicable interest rate through March 31, 2022Further reduced our Senior Secured Term Loan balanc

      3/30/22 4:15:00 PM ET
      $USWS
      Metal Fabrications
      Industrials

    $USWS
    Leadership Updates

    Live Leadership Updates

    See more
    • U.S. Well Services Announces Leadership Transition

      HOUSTON, April 29, 2022 /PRNewswire/ -- U.S. Well Services (NASDAQ:USWS) ("USWS" or the "Company"), today announced plans for the transition of its leadership team, including the promotion of Kyle O'Neill to the position of President and Chief Executive Officer.  Effective April 30, 2022, Joel Broussard, the Company's co-founder, President and Chief Executive Officer, will assume the role of chairman of the Company's Board of Directors.  Concurrent with the leadership transition, Josh Shapiro has been promoted to the role of Chief Financial Officer. "I am honored to take on the roles of President and CEO, and am grateful to both Joel and the Board of Directors for the opportunity to continue

      4/29/22 4:15:00 PM ET
      $USWS
      Metal Fabrications
      Industrials

    $USWS
    SEC Filings

    See more
    • SEC Form 15-12G filed by U.S. Well Services Inc.

      15-12G - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)

      11/14/22 8:01:11 AM ET
      $USWS
      Metal Fabrications
      Industrials
    • SEC Form EFFECT filed by U.S. Well Services Inc.

      EFFECT - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)

      11/9/22 12:15:11 AM ET
      $USWS
      Metal Fabrications
      Industrials
    • SEC Form EFFECT filed by U.S. Well Services Inc.

      EFFECT - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)

      11/9/22 12:15:20 AM ET
      $USWS
      Metal Fabrications
      Industrials

    $USWS
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4: Wilks Farris converted options into 2,455,070 shares

      4 - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Issuer)

      11/9/22 2:47:57 PM ET
      $USWS
      Metal Fabrications
      Industrials
    • SEC Form 4: Thrc Holdings, Lp converted options into 9,703,675 shares and returned 9,713,243 shares to the company

      4 - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Issuer)

      11/9/22 2:44:46 PM ET
      $USWS
      Metal Fabrications
      Industrials
    • SEC Form 4: Crestview Partners Iii Gp, L.P. converted options into 12,183,009 shares and returned 15,482,411 shares to the company

      4 - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Issuer)

      11/3/22 7:35:28 PM ET
      $USWS
      Metal Fabrications
      Industrials