GE’s Trailer-Mounted TM2500+ Gas Turbine Selected for Unconventional Gas Demonstration Project in Canada

  GE’s Trailer-Mounted TM2500+ Gas Turbine Selected for Unconventional Gas
  Demonstration Project in Canada

  *Evolution Well Services Powers Shale Natural Gas Well Pad with GE’s Mobile
             Gas Turbine for Projects in Alberta and British Columbia
  *GE’s “Power Plant on Wheels” Rolls into New Spaces to Meet Unconventional
    Resources Industry’s Demand for Mobile Electric Power Solution

Business Wire

LETHBRIDGE, Alberta -- February 5, 2013

Oilfield technology company Evolution Well Services has selected GE’s (NYSE:
GE) trailer-mounted, TM2500+ aeroderivative gas turbine for a milestone
on-site power project in Canada. The project will demonstrate the mobile
natural gas technology’s emissions-reduction and operational efficiency
advantages over conventional diesel engines for hydraulic fracturing in
unconventional gas fields. GE made the announcement at Evolution Well
Services’ Hybrid Powered Fracturing Event held today in Lethbridge, Alberta,
Canada.

(Click here for an EWS site photograph that shows the GE TM2500+ at work in
Lethbridge.)

Based in Calgary, Evolution Well Services is an oilfield technology company
that provides mobile, modular, electric-powered high-pressure pumping systems
for use in hydraulic fracturing. The company recently signed a three-year
rental contract with GE to use the 25-megawatt (MW) TM2500+ unit to generate
on-site power—first at a demonstration project near Calgary and then to
support commercial operations in Alberta and British Columbia.

Known throughout the global power industry as the “power plant on wheels,” the
TM2500+ provides fast, flexible distributed power by combining high efficiency
and fuel flexibility, coupled with lower emissions in both the 50- and
60-hertz segments.

“We selected the TM2500+because it provides a mobile, natural gas-fueled power
generation source for a new method of hydraulic fracturing that eliminates the
use of diesel engines, resulting in lower emissions and lower operating costs,
in terms of fuel savings and field personnel, as well as a reduced footprint
at many of the well sites that we’ll be working,” said Eldon Schelske,
president, Evolution Well Services.

“Evolution Well Services’ selection of our TM2500+ aeroderivative gas turbine
reflects a growing trend within the global oil and gas industry to deploy more
efficient and cleaner on-site power solutions that make unconventional oil and
gas projects more economically and environmentally viable,” said Lance Hall,
general manager, PowerXpand—aeroderivative gas turbines for GE Power & Water.

The unconventional gas industry is growing quickly and is expected to invest
more than $40-$60 billion annually over the next six years in North America
alone. By 2035, unconventional gas production is expected to account for 35
percent of the world’s increased supply of energy.

GE’s unconventional resources solutions—consisting of more than 40
technologies from across the GE portfolio—are addressing fundamental industry
challenges, helping customers to improve operational performance, reduce their
environmental footprint, increase resource recovery and drive demand for
natural gas.

The TM2500+ is a key member of GE’s recently introduced PowerXpand™ Portfolio,
which features several GE technologies designed for customers looking to
address temporary power needs or searching for fast permanent power.

The enhanced TM2500+ recently received ecomagination™ qualification for its
ability to help power cities and industries during environmental, economic and
emergency power challenges.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in energy,
health and home, transportation and finance. Building, powering, moving and
curing the world. Not just imagining. Doing. GE works. For more information,
visit the company's website at www.ge.com.

Follow GE Power & Water on Twitter @GE_PowerWater.

In Canada, GE has operations across the country, including major
manufacturing, sales and service locations with 7,000 employees. Follow GE
Canada on Twitter at: http://twitter.com/GE_Canada and YouTube at
http://www.youtube.com/user/GECanada.

Contact:

GE Power & Water
Rick Goins, +1 281-740-1422
richard.goins@ge.com
or
Masto Public Relations
Gina DeRossi or Howard Masto, +1 518 786 6488
gina.derossi@mastopr.com
howard.masto@ge.com
 
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