Frac Sand Weekly News Digest

Pete Cook, Editor

Issue #208 | February 27, 2019

This Week's News

Sellers Report A Cautious Recovery In Frac Sand Demand

Frac sand demand is reported to be strengthening slightly, Fastmarkets IM found in its first assessment of the fine mesh frac sand market. Sellers appear to be cautiously optimistic, suggesting recovering...

Fracking Sand Industry On The Rise

One important asset of the oil boom that is often overlooked is the frac sand industry. Atlas Sand Monahans’ Plant Manager, Moe Connell, says the demand of frac sand has...

A Chat With The Management Team Behind Another New Texas Greenfield Proppant Project

After seeing a social media post about another Texas frac sand startup, we were able to contact management to learn a whole lot more about the newest kid on the...

Pioneer To Save A Million Per Well Debundling Sand And Pressure Pumping Services

Pioneer Natural Resources reported a strong fourth quarter despite issues of inadequate takeaway capacity, lower oil prices, and exhausted budgets that weighed on the sector. This outperformance comes as no...

Louisiana’s Shale Support Now Supplying Frac Sand To Argentina's Vaca Muerta Shale Play

Louisiana-based Shale Support has entered into a new partnership that will allow the oilfield service company to supply frac sand and other proppants to customers in Argentina' Vaca Muerta shale...

Permian Frac Scene Could Get Busier Soon

Hydraulic fracturing operations appear to be ramping up in the Permian Basin, suggesting that the region’s oilfield services sector is regaining strength after suffering a dip in activity in recent...

Infill Thinking’s Permian Perspective Part One: Where We’ve Been, Thank Yous, & Full Throttle Local Sand Consumption

Our team’s week in the Permian Basin is flying by, and our notepad is filling up with boots-on-the-ground research takeaways. Here is our first round of observations from the world’s...

Infill Thinking’s Permian Perspective Part 2: A Dozen Firsthand Observations From The Dune Sand Production Corridor

Our series of takeaways from a week invested in the Permian Basin gathering firsthand intel continues with this update.

Joint Venture To Add Crude Oil, Natural Gas & Saltwater Pipelines In Permian Basin

A new joint venture between two pipeline companies will allow their customers to move more crude oil, natural gas and produced water on the New Mexico side of the Permian...

U.S. Silica Reports New Ways To Game Frac Sand Pricing

U.S. Silica reported solid fourth quarter earnings despite swinging to a loss, which was mainly due to one-time impairment expenses. Of course, volumes and pricing suffered, particularly as it relates...

In-Basin Frac Sand Mines Erode U.S. Silica's 2018 Profits

Impairments, a dramatic oil price crash during the fourth quarter and competition from in-basin frac sand mines eroded U.S. Silica's profits to the point that the Houston sand company closed...

Parsley To Rely On Increased Proppant, Dash Of Efficiency To Self Fund Permian-Focused Growth

Permian pure-play Parsley Energy Inc. said it will increase its development activity in a portion of the Midland sub-basin in 2019, as it reaffirmed plans to reduce capital expenditures (capex)...

Shale Companies Struggle To Balance Production, Dividends And Debt

U.S. energy companies focused on onshore shale are struggling to balance the demand to increase production volumes, pay higher dividends to investors and still keep decreasing their high debt loads,...

US E&P Budgets Sink Sharply Into The Red, But Devon’s Delaware Plan Is A Bright Spot

Over the past several days, E&P capex budget news has been categorically negative. Some of the biggest cuts we’ve seen yet have been announced while other E&Ps have cut back...

Notable People On The Move In The Oilfield Service Business

Talent is shifting. And it’s doing so with implications for value, trends and competitive dynamics. Here are the moves you need to know about…

Level Measurement Made Simple In Tall Frac Sand Silos

With the development of 78 GHz radar level transmitters in the year 2010, many troublesome level measurements became practically plug and walk away. I recall the days when the question...

Proposed Change In Oklahoma Conservation Rules Cause Concern Among Vertical Well Operators

Some vertical well operators are concerned about a proposed revision of oil and gas conservation rules determining the responsibility for environmental cleanup in cases involving horizontal drilling.

Sierra Frac Sand Donates $30,000 To Local Middle School

Sierra Frac Sand in Bossier Parish wanted to help Benton Middle School with their technology initiatives. The business donated $30,000 dollars. The money will go towards buying new chromebooks for...

UK’s Cuadrilla Wants To Use More Chemicals To Bring More Sand Improve Fracking At Shale Gas Site

The shale gas company, Cuadrilla, is seeking permission to add new chemicals to its fracking operations in Lancashire. In details published today, the company said it wanted to change the...

UK Mineral Industry Welcomes The Publication Of The Latest UK Extractive Industries Transparency Initiative Report

The UK Minerals industry, including MPA, Government and Civil Society have worked together to implement the EITI initiative in the UK as a further step to help improve public information...

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