Frac Sand Weekly News Digest

Pete Cook, Editor

Issue #200 | January 2, 2019

This Week's News

Frac Sand Webinar Announced!

The Petroleum Connection’s inaugural webinar is scheduled for January 15! Join us for a presentation by Industrial Accessories Group: “Future Proof Your Frac Sand Plant”.

Wall Street Sees A Recovery For Oil Prices In 2019

The oil market will be a tale of two halves in 2019, according to Wall Street forecasters. Oil analysts see prices recovering in the first six months of 2019, following...

Early Indications Point To Low-Single-Digit Growth For US Onshore In 2019, IF Crude Rallies Back Into The $50s

What’s in store for the oilfield service addressable market in 2019? We’ve got must-see data and analysis in this update as the outlook for next year is floating in uncertain...

2018 Was A Roller-Coaster Year For Wisconsin's Frac Sand Industry

Wisconsin frac sand producers experienced a roller-coaster year in 2018 with some mines ramping up operations this spring to meet extreme demand for their product, while others shut down in...

An All-Out Last Mile Scramble Underway As 2018 Draws To A Close

Just before the ball drops ushering in the new year, we are hearing about widespread supply chain disruption from seasonal driver shortages leaving frac crews unsanded in Texas. In this...

WaterBridge Resources Secures $800 Million For Permian Basin Expansion

Houston-based WaterBridge Resources LLC has secured up to $800 million in financing that will be used to expand its presence in the Permian Basin of West Texas. WaterBridge announced on...

Oil Driller Hits Milestone In The Permian Basin

Torchlight Energy Resources Inc. completed the drilling phase of the A39 #1 well in addition to the A11 #2 well, both located in the Orogrande Basin in Hudspeth County, Texas....

Frac Sand Mines Available In Kermit

Those interested in opening a frac sand mine (or existing mines looking for additional capacity) should be aware of two opportunities in Kermit, Texas:

Go Big Or Go Home - Large-Scale Pad Drilling In Appalachia

Dominator. Showboat. Brass Monkey. These are not player names in the re-established XFL; these are project names given to colossally proportioned drilling pads in the Permian and Appalachia. A single...

Baker Hughes - GE Claims It Is Not Affected By The Shale Slowdown Like Other Companies

There is no better way to get a feel for the direction of the oil market than to listen in on the conference calls of major oil-services companies. With clients...

Schlumberger – Low Valuation And Huge Growing Potential Going Forward

Schlumberger is the world’s largest oilfield services company with a market cap of almost $50 billion. The company’s stock was performing respectfully until crashing by early-October by more than 40%....

Advertising Space Has Opened Up In The Frac Sand Weekly News Digest

For the first time in months, there is advertising space available in the Frac Sand Weekly News Digest! Take advantage of this easy way to get your company’s name, product...

Minnesota Frac Sand Bill Seeks Taxes And Minimum Standards For Regulation

In its first effort to place boundaries on the state’s growing sand industry, the Legislature is considering a bill that would tax frac sand and set uniform, minimum standards to...

Winona 2018 IN REVIEW: From Feedlot Expansions To Frac Sand Ban, Environmental Issues Take Center Stage

The circumstances surrounding each story are mostly different. One is about the legality of a ban against frac sand mining. The other is a proposed feedlot expansion. But both center...

Cheshire West (UK) Officers Recommend Sibelco Silica Sand Quarry Is Approved

The Belgian firm wants to dig up sand from Rudheath Lodge Farm, which sits in both Allostock, in Cheshire West, and Cranage, in Cheshire East. In a report issued ahead...

Shell Will Increase Vaca Muerta Shale Production

Shell Argentina, which two months ago sold a refinery and fuel stations, said Thursday it will move to develop unconventional oil fields in the Vaca Muerta basin, aiming at 70,000...

Argentina’s Energy Secretary Resigns

While no reason was provided for the resignation of Javier Iguacel, the news came shortly after plans for a 35% increase of electricity prices in 2019 were leaked, Reuters reported.

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