Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #311 | February 17, 2021
Our thoughts and prayers go out to those severely impacted by the freeze that has gripped much of the central U.S. Not only are businesses impacted, but millions of people are without power at a time when they need it most. I am sure because of this freeze, there is little in the way of frac sand news this week. Do your best to stay warm and we look forward to seeing you at the 6th Annual Frac Sand Industry Update on March 31!
And new, the news…
This Week's News
Oil Holds Near $60 Amid Power Crisis
Oil held gains in New York after rising above $60 a barrel for the first time in a year as a deepening energy crisis in the U.S. disrupted crude production and forced the shutdown of some of the nation’s biggest refineries.
Shale Rig Owner Touts New Price Model as Drilling Speeds Up
The biggest provider of oil and gas rigs to the U.S. shale patch is pushing a new pricing model as speedier drilling cuts into contractors’ revenue.
Frac Sand Industry Ready to Get Back to Business
Industry leaders are planning on getting back together in Houston on March 31.
The Canadian Opportunity for Micro-Proppants
LinkedIn posting on micro-fracturing and the micro-proppants needed.
Cold Cuts Permian Output by 1 Million Barrels Per Day
Permian oil production has plunged by as much as one million barrels a day as the coldest weather in 30 years brings havoc to a region that seldom faces frigid Arctic blasts.
Silver Elephant Completes Acquisition of Minago Nickel Sulphide Project in Thompson Nickel Belt Manitoba, Canada
In addition to purchasing the nickel deposits, Silver Elephant granted Victory Nickel the right of first refusal exercisable until December 31, 2023 with respect to the exploration of the sandstone resources for frac sand extraction at the Minago Project.
Turning Your Frac Sand Bags into…Fashion?
Three sisters in Argentina take discarded frac sand bags and produce handbags, backpacks, hats, sandals, wallets, and more! What I love is that it appears, in many cases, that the products keep the text and logos from the former use! Check it out…
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