Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #452 | January 3, 2024
As folks are ramping up their 2024 operations, we catch up with the latest news affecting the frac sand industry.
This week, most stories highlight the importance of US shale with an interesting data point that could be a hint at a pressure pumper separating out its sand business.
Also, look at your brand-new 2024 calendar that you got for Christmas (or that your vendor gave you for free – no shame for using that). Mark your calendar for our Houston Frac Sand Update on Wednesday April 10th. Registrations are open as well as event sponsorships. Email me if you have any agenda topics you are interested in discussing!
And now, the news…
This Week's News
Shale Is Keeping the World Awash With Oil as Conflicts Abound
A surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact of widening conflict in the Middle East that has crimped key shipping lanes.
Mixed Signals Are Better Than Bad Only Signals At The Holidays
As most readers know, frac activity typically slows seasonally into year-end and especially around the accompanying holidays, but was this year the same?
ProFrac Holding Corp. Completes Refinancing of Senior Secured Term Loan and Enhances Financial Flexibility
A heavy dose of capital markets lingo, but beneath it all, there's some interesting pieces related to ProFrac vs Alpine Silica.
Large South Texas Sand Hauler Makes A Big Trailer Fleet Shift
A big win for this trailer type.
Why Oil Prices Never Surged to $100 This Year
Prices defied expectations but could prove more volatile in 2024.
Williams Cos. to Buy Gulf Coast Natural Gas Storage Portfolio for $1.95 Billion
An indicator of capital markets continuing to push big bucks into a fossil-fuel filled future.
Harbour Energy Buys Wintershall Dea Upstream Assets for $11.2 Billion
Major play in international upstream oil and gas assets.
U.S. Silica Holdings, Inc. Announces Completion of $25 Million Loan Repurchase
Capital discipline allows the major frac sand operator to pay down big debts.
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