Liberty Energy Inc - Company Profile

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Liberty Energy Inc: Segment Analysis

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Business Description

Liberty Energy Inc (Liberty), formerly Liberty Oilfield Services Inc, is an integrated energy services and technology company that provides hydraulic fracturing services and related technologies to onshore oil and natural gas exploration and production companies. The company operates in the most active shale basins in North America and Australia, offering hydraulic fracturing, wireline services, proppant delivery, and natural gas compression. The company's solutions include production data analysis, big data statistics, reservoir modeling, fraconomics analysis and proppant testing.

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R&D Overview

Liberty has significantly invested in research and technology capabilities, focusing on developing innovative solutions to enhance core service offerings, increase completion efficiencies, provide cost savings, and add value for customers. The company utilizes proprietary databases of US unconventional wells to perform multi-variable statistical analysis for fracture design optimization, enhancing production economics. Data analytics are also used during job execution to maximize customer returns through cost-effective completions operations. The company holds approximately 500 patents and patent licenses related to engineering and technology solutions.

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