{"id":2159,"date":"2021-09-30T12:38:31","date_gmt":"2021-09-30T12:38:31","guid":{"rendered":"https:\/\/www.libertyenergy.com\/?p=2159"},"modified":"2022-12-06T21:30:57","modified_gmt":"2022-12-06T21:30:57","slug":"liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time","status":"publish","type":"post","link":"https:\/\/libertyenergy.com\/liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time\/","title":{"rendered":"Liberty Announces Milestone Achievement of 24 Hours of Continuous Pumping Time"},"content":{"rendered":"<h2>LIBERTY ANNOUNCES MILESTONE ACHIEVEMENT OF 24 HOURS OF CONTINUOUS PUMPING TIME<\/h2>\n<p>September 27, 2021<\/p>\n<div class=\"pr-body float100\">\n<div class=\"pr-headline float100\"><\/div>\n<div class=\"bw-release bw-with-logos bw-en\">\n<div class=\"bw-release-body \">\n<div class=\"bw-release-story\">\n<p>DENVER&#8211;(BUSINESS WIRE)&#8211; Liberty Oilfield Services Inc. (NYSE: LBRT; \u201cLiberty\u201d) announced today that its team has collectively achieved the milestone of 24-hours of continuous plug and perf pumping time for Kaiser-Francis Oil Company in the Permian Basin. By delivering a full 1,440 minutes of pumping time with zero non-productive time, Liberty crews were able to attain the premier goal of Liberty\u2019s Operation 1440.<\/p>\n<p>Operation 1440 was formed at Liberty in early 2021 to improve throughput on location. Liberty teams worked together to assess how to optimize the use of each of the 1,440 minutes in a day for pumping and perforating operations, effectively eliminating non-productive and non-pumping time. On September 22, 2021, Liberty reached this goal for the first time on a plug and perf completion. Liberty\u2019s unique approach to maximizing efficiency using real-time data tracking, predictive analytics and supply chain and logistics integration allowed Liberty teams to achieve a 24-hour period of continuous plug and perf pumping record. Real-time well swap automation with Downing\u2019s Freedom Series system was used in the completion. Liberty frac and wireline crews worked in tandem to eliminate non-productive time on location and utilize real-time data to dynamically respond to above ground equipment maintenance, subsurface design changes, and logistics coordination.<\/p>\n<p>\u201cFrom the beginning, Liberty has focused on safety and technology to become more agile and efficient. Efficiency is a win-win-win, resulting in reduced cost for our customers, lower environmental impact and increased profitability for Liberty,\u201d said CEO, Chris Wright. \u201cToday\u2019s announcement marks the beginning of what is possible with Operation 1440. Liberty frac and wireline crews worked in concert with Downing to safely achieve the momentous goal of eliminating downtime and continuously pumping all 1,440 minutes in the day. I am proud of the Liberty team for reaching new heights during an unconventional time in the oil and gas cycle.\u201d<\/p>\n<p>Liberty teams utilized Downing\u2019s Freedom Series iControl, a completion system that instantaneously transitions from one well to the other, opening the second well and subsequently shutting-in the first well, all while pumping, eliminating the time between stages.<\/p>\n<p>\u201cKaiser-Francis is excited about the accomplishment of 24 hours of continuous pumping. It is a significant milestone that was made possible by the commitment of Liberty and Downing both to advance the technology, and to work together on location in the field,\u201d said Tom Redman, Chief Operating Officer, Kaiser-Francis Oil Company.<\/p>\n<p>\u201cWe are proud to partner with Liberty. Achieving 1440 has been a shared goal, and hitting this milestone is a testament to the incredible people involved in this project,\u201d said Zac Graves, CEO of Downing\u2019s parent company, SEF Energy. \u201cWe look forward to continuing to set the standard in terms of safety and efficiency in well completions.\u201d<\/p>\n<p><b>About Liberty<\/b><\/p>\n<p>Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in\u00a0Denver, Colorado. For more information about Liberty, please contact Investor Relations at\u00a0<a href=\"mailto:IR@libertyfrac.com\" rel=\"nofollow\" shape=\"rect\">IR@libertyfrac.com<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210927005889r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en\" alt=\"\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com:\u00a0<\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210927005889\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210927005889\/en\/<\/a><\/span><\/p>\n<p>Michael Stock<\/p>\n<p>Chief Financial Officer<\/p>\n<p>303-515-2851<\/p>\n<p><a href=\"mailto:IR@libertyfrac.com\" rel=\"nofollow\" shape=\"rect\">IR@libertyfrac.com<\/a><\/p>\n<p>Source: Liberty Oilfield Services Inc.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>LIBERTY ANNOUNCES MILESTONE ACHIEVEMENT OF 24 HOURS OF CONTINUOUS PUMPING TIME September 27, 2021 DENVER&#8211;(BUSINESS WIRE)&#8211; Liberty Oilfield Services Inc. (NYSE: LBRT; \u201cLiberty\u201d) announced today that its team has collectively achieved the milestone of 24-hours of continuous plug and perf pumping time for Kaiser-Francis Oil Company in the Permian Basin. By delivering a full 1,440&hellip;<\/p>\n","protected":false},"author":8,"featured_media":2160,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"post_series":[],"class_list":["post-2159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","entry","has-media"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Liberty Announces Milestone Achievement of 24 Hours of Continuous Pumping Time - Liberty Energy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/libertyenergy.com\/liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Liberty Announces Milestone Achievement of 24 Hours of Continuous Pumping Time - Liberty Energy\" \/>\n<meta property=\"og:description\" content=\"LIBERTY ANNOUNCES MILESTONE ACHIEVEMENT OF 24 HOURS OF CONTINUOUS PUMPING TIME September 27, 2021 DENVER&#8211;(BUSINESS WIRE)&#8211; Liberty Oilfield Services Inc. (NYSE: LBRT; \u201cLiberty\u201d) announced today that its team has collectively achieved the milestone of 24-hours of continuous plug and perf pumping time for Kaiser-Francis Oil Company in the Permian Basin. By delivering a full 1,440&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/libertyenergy.com\/liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time\/\" \/>\n<meta property=\"og:site_name\" content=\"Liberty Energy\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-30T12:38:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T21:30:57+00:00\" \/>\n<meta name=\"author\" content=\"Audrey Flynn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Audrey Flynn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/libertyenergy.com\/liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/libertyenergy.com\/liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time\/\"},\"author\":{\"name\":\"Audrey Flynn\",\"@id\":\"https:\/\/libertyenergy.com\/#\/schema\/person\/e3f7b727ef54e891ebe34f56db03aaa3\"},\"headline\":\"Liberty Announces Milestone Achievement of 24 Hours of Continuous Pumping Time\",\"datePublished\":\"2021-09-30T12:38:31+00:00\",\"dateModified\":\"2022-12-06T21:30:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/libertyenergy.com\/liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time\/\"},\"wordCount\":576,\"publisher\":{\"@id\":\"https:\/\/libertyenergy.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/libertyenergy.com\/liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Press Release\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/libertyenergy.com\/liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time\/\",\"url\":\"https:\/\/libertyenergy.com\/liberty-announces-milestone-achievement-of-24-hours-of-continuous-pumping-time\/\",\"name\":\"Liberty Announces Milestone Achievement of 24 Hours of Continuous Pumping Time - 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