Frac Sand Weekly News Digest

Pete Cook, Editor

Issue #223 | June 12, 2019

Pretty quiet news week for frac sand, but interest is still very strong in the 8th Annual Frac Sand Supply & Logistics Conference. Silver Sponsorships are sold out and Golf and Gold Sponsorships are nearly sold out. We’ll also be announcing the addition of the Equipment Expo to this year’s event (and exhibitors are already signing up, so if you might be interested in bringing in large equipment be sure to get in touch with me!). Also bear in mind that anyone registered as a sponsor or attendee will be invited to a PreConference Networking Reception in Houston on July 9. I’ll send an invitation to everyone soon. So stay tuned!

Have a great rest of the week.

This Week's News

Enter Sandman: Another Canadian Contender For The Lower 48 Last Mile Market

Multiple last mile / wellsite storage system technologies working in the US today hail from Canadian heritage. This is an observation we’ve written about multiple times in the past (including...

Hi-Crush Inc. Initiates $25 Million Stock Repurchase Program

Hi-Crush Inc. today announced that the Board of Directors has approved a stock repurchase program of up to $25 million, effective immediately and authorized through June 30, 2020.

Hi-Crush Delivered 10.4 Million Tons Of Frac Sand To Customers In 2018

In 2018, #HiCrush broke a company record and delivered 10.4 million tons of frac sand to customers...

Arrows Up CEO John Allegretti Steps Down

John Allegretti, founder of Arrows Up, Inc., has retired as the company’s chief executive officer. Justin Renfro, the president of company affiliate OmniTRAX Energy Solutions, has assumed leadership positions for...

CARBO Ceramics: Bankruptcy In The Making?

CARBO Ceramics is a very interesting company. The current market capitalization is less than 50 million dollars. This company was worth 100 times more just a few years ago! Demand...

CARBO Offers A Webinar On Microproppants

In 30 minutes learn how to: improve stimulation efficiencies, reduce overall completions costs, and improve production. Presented by: Wadhah Al-Tailji...

What Does “Sustainable” Look Like? (A Frac Sand Op-Ed)

I don’t say this often, but this op-ed guest post is a must-read. It might be a wake up call for some folks. It’ll no doubt serve as confirmation for...

Frac Sand Investing Webinar

V-Door Locksmith recorded webinar interview touches on frac sand investing (starting around the 20-minute mark)...

Us Oil Output Poised To Set Yet Another Record In 2019

US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year. Rystad Energy is...

An Opportunity In California’s Overlooked Oil Sector

Berry Petroleum, has just emerged from a period where they were acquired for $2.5 billion by a large independent, Linn Energy- which went bankrupt in 2016, thanks largely to the...

Australia Can Now Join The Silica Sands Race Thanks To A Global Supply Crisis

Up until now Australia hasn’t been a contender in the silica sands industry, but the tightening supply crunch has made an opening for potential players. While silica sand is the...

The 2H19 Drilling Slowdown Came Early. How Low Will We Go?

While our recent work on rig count has detected signals from E&P operators that more rig releases are coming, this won’t be a 2H19 pivot but rather the continuation of...

The U.S. Economy Has A Leak, And Freight Is Getting Soaked

Knowing the difference between a strong market and a weak one is usually just a matter of time and data. With the passage of time and the context it brings,...

AAR: Rail Traffic’s Decline Due To “Combination Of Factors”

U.S. rail freight traffic appears to be heading off-track, based on figures released by the Association of American Railroads for the week ended June 1. The month of May 2019,...

CN Rail CEO Eyes Acquisitions As Railway Boosts Three-Year Profit Goals

The head of Canadian National Railway Co. says major asset purchases will play a key role in fulfilling its new three-year financial target that exceeds its earlier 10-per-cent earnings-per-share growth...

Union Pacific Freight Train Derails In Taylor, TX; None Injured, Officials Say

A Union Pacific freight train carrying industrial sand through Williamson County derailed in Taylor, causing some Amtrak trips using the same rail line to be canceled or delayed. Eight cars...

What Do Big Spring And Riyadh Share In Common Besides Lots Of Rigs?

Answer: HABOOB! And there was a huge one in the Midland Basin this week. Here’s around up of some of the best pictures posted by oilfield guys on social media...

Frack Sand Company Sues Wisconsin DNR Over Permit Denial

An Atlanta-based fracking company is taking the Wisconsin Department of Natural Resources to court over its decision to deny a permit to construct a $75 million sand processing plant in...

Wisconsin Finance Committee Republicans Approves $484 Million Transportation Plan

State budget committee Republicans passed a transportation plan on Thursday that would provide $484 million in new funding, relying in part on increases to title and registration fees and a...

Sierra Frac Sand Gifts $50,000 To Plain Dealing High School

It may have been cloudy and raining elsewhere, but the sun was shining Wednesday on Plain Dealing High School where a local businessman gifted $50,000 for classroom enhancements. Sierra Frac...

IAC Announces TOPP Series

IAC is an advanced, high performing Engineering, Procurement and Construction Contractor and provider of engineered systems, innovative equipment, service and components in many industries including frac sand. IAC has years...

Sand Mines, Like Ag, Can Affect Groundwater, Study Claims

A recent Chippewa County study of the effects of frac sand mining and agriculture on surface and groundwater was completed with the cooperation of the Barron-based office of Superior Silica...

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