Frac Sand Weekly News Digest

Pete Cook, Editor

Issue #191 | October 31, 2018

This Week's News

Initial Thoughts From San Antonio: 10 Key Points On The Big Picture

This week, the Infill Thinking team attended and participated in the largest annual conference in the frac sand industry, which was hosted by the Petroleum Connection in San Antonio.

Boxes Vs. Silos, Sleepers Vs. Day Cabs, Rail Vs. Trucks & Other Key Last Mile Debates And Dilemmas From San Antonio

Last week’s frac sand conference in San Antonio, hosted by the Petroleum Connection, featured some of the most thoughtful logistics panels that we’ve seen at any oilfield industry event.

Chesapeake Improves Oil Mix With $4-Billion WildHorse Acquisition

Oklahoma City, has agreed to acquire WildHorse Resource Development Corp. in a $4-billion deal, including net debt of $930 million.

M&A Converts A Traditional Bundled E&P Into A Vertically Integrated Self-Sourcer

We are able to offer some timely context for the supply chain and procurement implications of this morning’s big M&A news in E&P.

6% Decline In Permian Well Completions Based On Westwood’s SatScout

The Permian bottleneck and differentials* are impacting the frac crew count and well completion numbers, according to Westwood Global Energy Group’s (Westwood) SatScout service. The service from Westwood generates pad...

Select Sands Sells 80,000 Tons Of Frac And Industrial Sands In Q3 2018

Select Sands Corp. is pleased to announce that the Company sold 80,000 tons of frac and industrial sands during Q3 2018 which is within the Company's previous guidance (see press...

U.S. Silica Confirms In-Basin Frac Sand Pricing Is Strong

U.S. Silica reported revenues of $423.2 million in the third quarter, which was down 1% from the previous quarter due to widely-reported delays in completions that caused pricing to momentarily...

Hi-Crush Cuts Dividend, Pricing Forecasts For Frac Sand Still Bullish

Hi-Crush Partners finally made the move certain investors were clamoring for, which was to progress further on the track towards becoming a C-Corp. I could care less about the move,...

3 More Last Mile Solutions Join The Fray, Competing To Handle Frac Sand At Lower 48 Wellsites

The Lower 48 market share battle in frac sand’s last mile has escalated again. Last week, we learned about three new gen solutions that are now targeting customer wellsites in...

CN To Acquire TransX Group, Move More Frac Sand For Source Energy

CN today announced it reached an agreement to acquire The TransX Group of Cos., one of Canada’s largest and oldest transportation companies.

Canadian National Reports Record Revenue As Traffic Grows

Canadian National reported higher profits in the third quarter as broad traffic growth produced record revenue and most of the railroad’s capacity-expansion projects entered service in western Canada.

Union Pacific Tries To Silence Any Skeptics: Don't Doubt Our Commitment To Precision Railroading

Union Pacific Corporation executives on the company's third quarter earnings call moved to dispel any doubt that they are "all in" on switching the company's operations to precision railroading principles,...

Frac Sand Construction Contractor Norman Vick Pleads Guilty To Tax Offenses

A Columbus contractor who built steel buildings for sand frac mines and Walmart pleaded guilty to charges of failing to pay employment and income taxes withheld from employee wages.

Victory Nickel Announces Retirement Of Rene’ Galipeau As Chief Executive Officer

Victory Nickel Inc. today announced that René Galipeau has retiredas CEO of the Company, effective immediately, due to personal reasons.

Uranium Player In Argentina Frac Sand Deal

A Canadian uranium miner has signed an agreement to sublease a concession in Argentina to an undisclosed operator to produce silica sand for hydraulic fracturing.

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