Frac Sand Weekly News Digest

Pete Cook, Editor

Issue #164 | April 25, 2018

This Week's News

Simmons & Company’s Q1 Look at Frac Sand Mines and MSHA Data

We have pulled Q1'18 hours from MSHA for a large swath of frac sand mines; our focus this quarter is on mines potentially affected by the well-documented rail occlusions, the...

US Oilfield Activity Soars Despite Frac Sand Delays

Halliburton and Schlumberger shrug off frac sand logistics snarls and report strong first-quarter activity, pushing prices for barytes up with increasing demand. The onshore North American oil and gas sector...

Halliburton Sees Sand By Rail Bottleneck Clearing Up Soon

Sand delivery was a major issue for the oilfield service provider in Q1 due to rail stoppages as exploration and production companies favor sand over customized man-made ceramics in "slickwater"...

Schlumberger CEO Warns Of Tightening Oil Market

The head of the world’s largest oilfield service company warned of growing global supply challenges in the coming year as Venezuelan production falls and Nigerian and Libyan output reach capacity...

Halliburton Issues A Rebuttal And An Endorsement

No EPS or EBITDA or financial speak to give you tired-head. Just the market intel that really matters curated from Halliburton’s earnings conference call on Monday April 23. Oh and...

One Of The Biggest Sources Of Oil Supply Growth Is Facing A Major Hiccup — And The Effects Could Ripple Across The Globe

The bottlenecks in the Permian are starting to capture the attention of the oil market, raising the prospect that U.S. shale production does not live up to the hype.

Permian Startups Take The House Floor In Austin (Testimony Recap)

Last Wednesday, Hayden Gillespie (Chief Commercial Officer of Black Mountain Sand) and Bud Brigham (Chairman of Atlas Sand) testified in front of the Texas House Of Representatives Energy Committee.

Athabasca Minerals : Signs Agreement For Frac Sand Storage And Distribution Hub

Athabasca Minerals Inc. (“Athabasca” or the “Corporation”) announces the Corporation has entered into a Letter of Intent with a property owner in the town of Mayerthorpe, Alberta for the Firebag...

'Frac' Intensity In Shale Wells Wears Out Equipment Faster: Halliburton

The intensity of oilfield equipment used in hydraulic fracturing of shale wells is wearing out parts and machinery faster than ever today and should keep the pressure pumping market tight...

PropX: 6,000 Boxes And Counting

PropX is growing and they are growing fast. In this update, read exclusive details we learned in a recent meeting with management about the company’s build cadence, trends in box...

Canadian Pacific Grows, But Winter Weather Clobbers Quarterly Results

Canadian Pacific’s first-quarter profit tumbled under the weight of harsh winter weather and rising costs that outpaced growth in revenue and traffic, the railroad reported on Wednesday.

GE Is Said To Be In Talks To Unload Rail Unit In Deal With Wilmerding-Based Wabtec

General Electric Co., the beleaguered manufacturer undergoing a strategic review, is in talks to sell its century-old locomotive business to rail-equipment maker Wabtec Corp., according to people familiar with the...

STACK Threat Level Falling From The Oklahoma Wildfires That Raged Near Rigs & Greenfield Mines This Week

Thoughts on the developing wildfire situation in the Mid-Con as it pertains to upstream activity.

Argentina To Launch Tender For Vaca Muerta Oil And Gas Supply Train In May

Argentina plans to launch a tender in May for extending a cargo train to the heart of Vaca Muerta, helping to reduce the cost of transporting sand, chemicals and other...

To Frack or Not to Frack? Australia’s Natural Gas Dilemma

The decision by the government of Australia’s Northern Territory government to allow the resumption of fracking for natural gas will do little to immediately solve the country’s energy woes, but...

State Should Buy Lake Michigan Sand Mine, Says Natural Resources Trust

A state board recommends the State of Michigan buy 300 acres of Lake Michigan shoreline that’s currently owned by a sand mining company. The Michigan Natural Resources Trust Fund board...

Proposed Jackson County Frac Operation Sued For Breach Of Contract; Appeals Court Considering Challenge From Neighbors

An Iowa company whose efforts to build a frac sand processing operation in Jackson County has been tied up in legal proceedings is now being sued for breach of contract.

The Connection Between Russia And 2 Green Groups Fighting Fracking In US

New Yorkers who are missing out on the natural gas revolution could be victims of Russian spy operations that fund popular environmental groups, current and former U.S. government officials and...

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