Chesapeake has begun converting its fleet of 4,500 light trucks to run on compressed natural gas. The company will convert 100 of its drilling rigs and some of its fleet of hydraulic fracturing equipment to run on LNG, it said today.
Converting the rigs and fracturing equipment will cut the company's diesel fuel consumption by about 350,000 gallons a day, according to the statement.
Chesapeake is operating 157 drilling rigs in the U.S. this week, the most among oil and gas producers, according to data from Baker Hughes Inc.