U.S. Shale Faces Challenges in Electrifying Oilfield Operations

Costs and access to the grid are the main hurdles U.S. oil drillers and producers face as they seek to electrify operations, the latest Dallas Fed Energy Survey showed this week. More than half of the exploration and production firms operating in Texas, northern Louisiana, and southern New Mexico have either electrified or plan to fully or partially electrify their oilfield operations.   Service firms are less likely to electrify compared to small and large E&P companies, according to Dallas Fed's quarterly survey of executives. While…