GeoFrame Energy awarded Halliburton (NYSE: HAL) a contract to plan and design the first demonstration phase wells in the Smackover formation in East Texas. Halliburton expects to begin work in late 2025.
Duane Sherritt, vice president of Low Carbon Solutions for Halliburton, said: “GeoFrame Energy is in an excellent position to capitalize on the current demand for lithium through brine extraction. Halliburton’s 100-year legacy of well expertise and execution, combined with innovation to support new energy projects and decades of experience in the Smackover Formation, makes us the best candidate to help support GeoFrame Energy’s vision.”
Bruce Cutright, CEO of GeoFrame, said: “Energy GeoFrame Energy’s East Texas project will lead the United States’ domestic lithium production and will be the first to deliver battery-grade lithium carbonate from the Smackover Formation. Halliburton, as a critical member of our team, will support the drilling phase of our project through the construction, design, and operation of the demonstration wells and the expansion into full field development.”
Cutright noted that GeoFrame Energy’s project is more than just a lithium production facility — it is a model for responsible mining. The company plans to use geothermal brine to generate renewable electricity through zero-emission binary cycle generators. This process will power its direct lithium extraction and lithium carbonate production plant with renewable energy. The company will sell the excess geothermal power produced electricity to the grid.
More information is posted on www.Halliburton.com. For more information about GeoFrame Energy, visit www.Geoframe-energy.com.
July 10, 2025
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