Hydraulic fracturing (HF) is a well-stimulation technique that involves injecting a high-pressure “fracking fluid” or “frac fluid” into a wellbore to create cracks in deep-rock formations and ease the flow of brine, natural gas, and petroleum.

Also known as “fracing,” “fracking,” “hydrofracking,” and “hydrofracturing,” hydraulic fracturing or the fracking process aids in the extraction of natural gas and other hydrocarbons from shale gas and shale oil deposits worldwide. Typically, groundwater and surface water resources, such as lakes, municipal supplies, and rivers ensure water supply for hydraulic fracturing operations.

When U.S. oil companies started combining fracking with other methods like horizontal drilling to extract O&G from vast shale rock formations, it resulted in a “fracking boom” that transformed the American energy landscape. Some top hydraulic fracturing companies, like Schlumberger, Baker Hughes, and Halliburton, contributed to this fracking industry boom.

For example, horizontal drilling in conjunction with hydraulic fracturing, led to economic gas production in the Barnett shale gas reservoir (the Barnett-Woodford shale gas play is located in the Permian Basin, West Texas).

Apart from areas like the Marcellus Shale (one of the most prolific plays in North America and a favorable site for natural gas production), new production sites are also available in other regions, such as North Dakota.

Massive hydraulic fracturing is required to access tight gas and tight oil reservoirs with low permeability and low porosity and recover economic volumes of gas or oil from tightly trapped pockets of fossil fuels.

Keep reading to learn more about the top players in the hydraulic fracturing industry.

List of Top 10 Top 10 Hydraulic Fracturing Companies in the World (Based on revenue generated in FY 2024)

Schlumberger Ltd. (Schlumberger N.V.)

Schlumberger Ltd. (also known as “SLB”) is a globally renowned oilfield services company that is reported to be the “world’s largest offshore drilling company and offshore drilling contractor by revenue.”

Founded by the Schlumberger brothers (Conrad Schlumberger and Marcel Schlumberger) as the Electric Prospecting Company, SLB has established itself as a company with a legacy worth celebrating and a pioneer unlocking new possibilities in energy access.

Schlumberger helps augment O&G production potential with efficient, high-conductivity fractures extending deep into the reservoir but avoiding detrimental frac hits, gas zones, or water zones.

Schlumberger specializes in the following:

• Initial completions and hydraulic fracturing (new wells)

• Restimulation and refrac campaigns (mature fields)

Schlumberger provides fracturing services to maximize production from low-permeability reservoirs.

Schlumberger’s portfolio of fracturing services includes:

• Dual-Fracturing Stimulation Service

• Big-Bore Frac Check Valves

• HiWAY (a flow-channel fracturing technique)

• Dry Friction Reducer

• Engineered Fracturing Fluids

• BroadBand

• BroadBand Precision

• BroadBand Sequence

• BroadBand Shield

• Salik

• xWATER

• PropNET

• ClearFRAC

• ClearFRAC HighPerm

• ClearFRAC XT

• ClearFRAC LT

• OpenFRAC

• ScaleFRAC

• UltraMARINE

• YF GO

• ThermaFOAM

• FiberFRAC

In 2024, OGDCL and Schlumberger (SLB) signed a contract to assess tight gas prospects in the Lower Indus Basin, Sindh. This strategic partnership aims to tap into Pakistan’s estimated 25.2 TCF of tight gas reserves by identifying new drilling locations and evaluating existing wells for re-entry and fracking.

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Baker Hughes Company

Baker Hughes Company (Baker Hughes) is among the world’s largest oilfield service businesses, with operations spanning Africa, the Americas (including North America and South America), Asia-Pacific, Europe, and the Middle East.

Baker Hughes was established as a merger between Baker International (founded by Reuben C. Baker) and Hughes Tool Company (founded by Howard Hughes).

Baker Hughes is a trusted leader in solving production challenges in every environment—from deepwater subsea fields to mature conventional fields.

Baker Hughes’s proprietary fluid systems are tailored to a spectrum of formations and conditions. The company also offers onshore and offshore hydraulic fracturing services across the world—from deep water and shallow water to conventional and unconventional areas.

Fracturing Services

Baker Hughes’ fracturing services include:

• AquaPerm linear-gel fracturing fluid system

• AquaStar fracturing fluid systems

• Binary Foam

• BrineCare fracturing fluid service

• DeepSpot complete acid fracturing service

• Energized CO2 fracturing services

• HydroCare slickwater systems

• Lightning Plus fracturing fluid system

• Lightning fracturing fluid system

• Medallion Frac HT fracturing fluid systems

• MethoFrac XL fracturing fluid system

• PrimeStar fracturing fluid system

• ShaleXcel fracturing fluid system

• Spectra Frac fracturing fluids

• Super RheoGel fracturing fluid system

• Viking fracturing fluid systems

• Vistar fracturing fluid system

Baker Hughes provides a predictable, executable hydraulic fracturing treatment design to amplify well productivity with effective, application-specific solutions.

Halliburton Company

Halliburton Company (Halliburton) is a globally recognized provider of products, services, and integrated solutions for O&G exploration, development, and production. Halliburton was founded by Erle P. Halliburton—a pioneer in oil-well cementing.

The Halliburton approach to fracturing maximizes surface and subsurface efficiency—from reliable pumping equipment to real-time fracture control while pumping.

Octiv™ Intelligent Fracturing Platform

Halliburton’s intelligent fracturing ecosystem enables digital operations, frac automation, and remote connectivity.

ZEUS™ Electric Pumping Unit

Halliburton’s ZEUS™ Electric Pumping Unit is described as “the industry’s first pumping unit capable of achieving sustained activity at 5,000 HHP.”

SmartFleet Fracture Monitoring System

In hydraulic fracking operations, it is essential to measure, visualize, and act on subsurface fracture behavior in real time.

Halliburton enables faster evaluation and validation of fracture performance by integrating downhole diagnostics, live 3D visualization of fracture behavior, and real-time measurements.

For example, Halliburton’s SmartFleet app makes real-time insights more accessible—providing easy-to-interpret subsurface data and visuals to evaluate fracture performance anytime, anywhere.

Dual Fuel Systems

Dual fuel systems prevent unwanted downtime and disruptions and reduce footprint by allowing operators to power the fracturing fleet with 70% field gas and only 30% diesel fuel.

Designed with rigorous safety standards, Halliburton dual fuel Tier 4 systems deliver efficient fracturing with 70% diesel substitution, fewer emissions, and reduced costs.

Halliburton’s hydraulic fracturing techniques and solutions save time and money while improving fracture performance and achieving overall cost-effectiveness.

Recently, Halliburton partnered with Coterra Energy to launch the Octiv Auto Frac service, a new technology integrated into the ZEUS platform. This automated solution simplifies the hydraulic fracturing process with a push-button system, aiming to boost efficiency, consistency, and control in operations across North America.

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Weatherford International plc

Weatherford International plc (Weatherford) is one of the world’s largest multinational oilfield service companies engaged in oil and natural gas evaluation, production, intervention, and well drilling.

Weatherford’s engineering expertise and exclusive technologies help boost reservoir exposure and make informed decisions. Operating in over 90 countries with a world-class talent network, Weatherford creates sustainable offerings and enables its customers to realize the full potential of their assets.

Fluid systems: Weatherford provides a complete suite of fracturing fluid systems for conventional and unconventional formations. Weatherford fluid systems maximize production while minimizing environmental impact, lowering costs, and reducing the risk of formation damage.

Amplifrac™ fluid technology: Weatherford’s Amplifrac™ fluid technology helps in fracturing deep into the formation and opening up more of a reservoir to production.

TBlockSure®: Weatherford’s TBlockSure® diverting agent and stimulation enhancer improve stimulation operations by enhancing completion efficiency and increasing production rates when fracturing or refracturing wells.

WaterSure® fluid system: Weatherford’s eco-friendly WaterSure® fluid system helps conserve fresh water by using 100% produced water to facilitate fracturing and reduce costs.

According to an industry news source, Weatherford International plc “sold its U.S. pressure pumping and pump-down perforating assets to a subsidiary of Schlumberger Ltd.”

Patterson-UTI Energy, Inc. 

Founded as “Patterson Drilling Company, Inc.” by Cloyce Talbott and Glenn Patterson, Patterson-UTI Energy, Inc. (also known as “Patterson-UTI”) was formed with the acquisition of UTI Energy in 2001.

Patterson-UTI is an industry-leading provider of diversified energy services, including drilling and pressure pumping services, directional drilling, rental equipment and technology.

Universal – Hydraulic Fracturing Solutions

Patterson-UTI’s pressure pumping subsidiary named “Universal Well Services, Inc.” (also known as “Universal”) provides pumping and reservoir enhancement services for the O&G industry.

Universal is a full-service, Tier 1 fracturing company that provides a complete suite of custom-engineered solutions, including the following for hydraulic fracturing:

Crosslink

·   Acid Compatibility

·   Acid Titration

·   Atmospheric Viscosity

·   Bacteria Kill Studies

·   Clay Stabilizer Testing (Capillary Suction Time)

·   Corrosion Inhibition Testing

·   Crosslink Viscosity Break Profile

·   Crosslink Viscosity Testing

·   Fluid Compatibility

·   High Temperature/High Pressure Viscosity

·   Linera Gel Viscosity Break Profile

·   Surfactant Enhanced Oil Recovery (EOR) testing

·   Surfactant Non/Emulsifier Performance Optimization

·   Surfactant Surface Tension Testing

·   Water Analysis

Slickwater

·   Fluid Compatibility

·   Friction Flow Loop (1/2 inch and ¾ inch tube diameter)

·   Friction Reducer Booster testing

·   Water Analysis

Sand

During the hydraulic fracturing (fracking) process, a gritty material known as “proppant” is mixed with fracturing fluid to hold open fractures made in the ground.

Universal has strategic supplier partnerships to meet a variety of proppant needs—from Northern White to in-basin sand. In addition, Universal supplies specialty proppants, including resin-coated, ceramic, and bauxite.

With decades of hydraulic fracturing experience, Universal produces successful results for its customers by providing ideal solutions to real-world well completion problems.

Patterson UTI Energy Inc. officially acquired NexTier Oilfield Solutions on September 9, 2023, making Patterson UTI Energy Inc. a leading provider of drilling and completion services in the United States.

Liberty Energy Inc.

Liberty Energy Inc. is a premier North American oilfield services firm that offers an innovative suite of technologies and completion services to onshore oil and natural gas E&P companies.

Liberty Energy (also known as “Liberty”) continues to deliver next-generation technology to sustainably develop unconventional energy resources in partnership with its customers.

Liberty’s emphasis on data analytics helps in delivering cost-effective and efficient hydraulic fracturing operations while maximizing customer returns.

The company’s attention to detail during job execution ensures:

·   Faster well completions

·   Limited downtime

·   Enhanced production results for customers

Liberty’s hydraulic fracturing services include:

ESG Frac

According to Liberty, it is “a first mover in driving an ESG-conscious approach to hydraulic fracturing.” It is also known to have “the largest low-emission fleet in the market.”

Key Metrics – ESG Frac

·   50% of Liberty’s total horsepower is low-emission

·   4.32 bcf natural gas burned

·   30 M gallons of diesel replaced

digiFrac

The digiFrac is described as “the first-ever frac pump technology engineered with both brawn and brains.”

The digiFrac reduces fuel costs, maintenance and repair costs, and noise while bringing more power, control, and performance to the frac site.

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ProFrac

ProFrac (also written as “Profrac”—a PF Holdings Company) was built to be the go-to service provider for the most demanding hydraulic fracturing needs of E&P companies. As an industry-leading hydraulic fracturing company, ProFrac offers efficient fleets for a wide range of frac service needs.

ProFrac began operations in the Permian Basin (September 2016) and the Marcellus/Utica (October 2016).

Frac Pumps: ProFrac’s frac pumps use a 12-inch center power end with an additional 54,000 lb of rod load to provide optimal well stimulation pressure.

According to ProFrac, it has “the largest and newest fleet of Tier IV and Tier IV dual fuel pumps in the industry.”

Moreover, ProFrac reduces emissions and fuel consumption of its pumps by outfitting them with Engine Standby Controllers (ESC).

Simul-Frac: Simul-Frac is a completion technique that involves stimulating two horizontal wells simultaneously using a single fleet to reduce fuel consumption and overall time to frac the wells. ProFrac’s Simul-Frac service improves pad efficiency by up to 50% with higher bpm (barrel per minute), stages/day, and average lateral feet/day.

Electric Frac: ProFrac’s all-electric fleets completely eliminate diesel deliveries—helping E&P companies reduce CO2 emissions.

ProFrac is committed to delivering proven, reliable, and safe solutions to its customers while driving innovation.

Calfrac Well Services Ltd.

With “a combined fleet of 1.2 million horsepower,” Calfrac Well Services Ltd. (also known as “CWS” and “Calfrac”) is one of the world’s largest hydraulic fracturing companies working in Argentina, western Canada, and the United States.

Calfrac’s cementing, coiled tubing, hydraulic fracturing, and other well stimulation services are designed to increase oil and natural gas production.

Calfrac specializes in hydraulic fracturing of horizontal and vertical oil and natural gas wells and all traditional industry applications of crosslink, gel-based, and energized fracturing.

As a full-service hydraulic fracturing provider, Calfrac’s expertise includes (but not limited) to the following:

• Slickwater solutions for fresh and high TDS (Total Dissolved Solids) brine applications

• Support for high-viscosity friction reducer (HVFR) fracture fluid systems

• Customized additives (such as biocides, diverters, and surfactants) and treatment types to meet customers’ operational, production, and treatment objectives

Furthermore, Calfrac’s experience with deep and shallow wells includes wells in excess of 10,000 ft. (true vertical depth) and horizontal wells reaching 20,000 ft. (total measured depth).

Other significant players in the hydraulic fracturing market include Nine Energy Service, Inc., Petro Welt Technologies AG, STEP Energy Services, and Trican Well Service Ltd.

ProPetro Holding Corp.

Founded by Dale Redman and Jeffrey Smith, ProPetro Holding Corp. is a globally leading integrated oilfield services company providing hydraulic fracturing, cementing, wireline, and other complementary services to upstream O&G companies.

ProPetro is a major provider of hydraulic fracturing services to companies specialized in unconventional oil and natural gas resource exploration and production (E&P) in North America.

ProPetro’s hydraulic fracturing segment optimizes hydrocarbon flow paths during horizontal shale wellbore completion.

As one of the largest fracking firms in the Permian Basin (stated to be “the most prolific U.S. oilfield), ProPetro’s fleet is designed to handle the highest-intensity, most complex hydraulic fracturing jobs.

Moreover, ProPetro’s largely standardized fleet across units facilitates efficient maintenance and repair and reduces equipment downtime.

In addition to advanced monitoring equipment and systems, ProPetro provides experienced crews to provide the best value for customers through the well lifecycle and enables them to leverage the potential of their assets.

A company press release reported the announcement of ProPetro executing a contract with a leading independent Permian operator to use ProPetro’s first electric-powered hydraulic fracturing fleet.

This next-generation equipment represents a transition from legacy diesel-burning fleets and ProPetro’s commitment to helping its customers substantially lower their completion costs and emissions.

National Energy Services Reunited Corp 

National Energy Services Reunited Corp. (NESR) is one of the largest national oilfield services providers in the MENA and Asia Pacific regions. Founded in 2017, it was the first national energy company from the MENA region to be listed on the NASDAQ.

Its major services include hydraulic fracturing, completions, stimulation, cementing, coiled tubing, filtration, pumping and nitrogen services. Additionally, they provide drilling and evaluation services such as drilling downhole tools, directional drilling, fishing tools, testing services, wireline, slickline, drilling fluids and rig services.

Conclusion: The Future of Hydraulic Fracturing in 2025 – Balancing Energy Needs and Environmental Responsibility

Hydraulic fracturing has evolved from an experimental technique in the 1940s to a cornerstone of modern energy production, playing a crucial role in reducing emissions compared to coal while powering industries, homes, and electricity generation. The U.S. Energy Information Administration (EIA) highlights its economic significance, warning that restrictions on fracking could disrupt energy markets and increase reliance on foreign oil.

Yet, the industry faces valid environmental concerns—methane emissions, groundwater contamination, and undisclosed chemical use remain pressing challenges. While the EPA has taken steps to increase transparency by cataloging over 1,000 fracking-related chemicals, stricter regulations and cleaner technologies will be essential to mitigate risks.

Despite these challenges, hydraulic fracturing continues to drive global energy security, with companies like Liberty Energy and Catalyst Energy Services innovating through fuel-efficient fleets and emission-reducing technologies like VortexPrime. As demand grows, the industry must prioritize sustainability, transparency, and technological advancement to ensure responsible resource extraction.

The debate over fracking’s future is far from settled, but one thing is clear: hydraulic fracturing will remain a key player in the global energy landscape in 2025 and beyond. Policymakers, companies, and consumers must work together to balance energy independence, economic growth, and environmental protection in the years ahead.

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Hydraulic Fracturing FAQs: Key Questions Answered

1. What is the biggest fracking company?

As of 2025, Halliburton remains the largest hydraulic fracturing company globally by market share, followed by Schlumberger (SLB) and Liberty Energy. These leaders dominate due to their advanced fleets, AI-driven drilling tech, and extensive shale operations in North America and the Middle East.

2. Who leads the world in fracking?

The United States is the undisputed leader in hydraulic fracturing, producing over 60% of the world’s fracked oil and gas (per EIA 2025 data). Key players include:

• Top Companies: Halliburton, Liberty Energy, Pioneer Natural Resources.

• Top Regions: Permian Basin (Texas), Marcellus Shale (Appalachia).

3. Who is the father of hydraulic fracturing?

Floyd Farris (of Stanolind Oil & Gas) is considered the "father of fracking" for pioneering the first experimental hydraulic fracturing in 1947. Modern fracking evolved from his work, combined with George P. Mitchell’s 1990s advancements in horizontal drilling.

4. What is a fracking company?

A fracking company specializes in hydraulic fracturing services, including:

• Pressure Pumping: Injecting fluid/chemical mixtures to fracture shale.

• Proppant Delivery: Using sand/ceramics to hold fractures open.

Tech Solutions: AI monitoring, low-emission fleets (e.g., electric pumps).
Examples: Halliburton, Liberty, NexTier.