Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #231 | August 7, 2019
We are only a month away from the 8th Annual Frac Sand Supply & Logistics Conference! With 400+ already registered, we are on pace for 650-700 attendees. A few points to help you prepare:
- The JW Marriott is sold out for the night of the 4th, so we have set up room blocks at two overflow hotels (Courtyard by Marriott and Hyatt Place).
- We will be having a Frac Sand Equipment Expo going on during the conference. Plan on checking out some great equipment while you are there!
- We still have a handful of sponsorships still available. If you have not yet signed up as a sponsor and are interested.
- Check out the free webinar we put together to help you prepare for a great conference.
There is plenty of interesting news in this week’s Digest…white papers, U.S. Silica’s unbelievable stock jump, Hexion & Black Mountain’s deal, etc.
Have a great rest of the week and we look forward to seeing you in San Antonio!
This Week's News
Westood Releases The US Frac Sand Outlook White Paper
Westwood’s Energent Group releases a new white paper on the frac sand outlook in the U.S. Hear Todd Bush present these findings at the 8th Annual Frac Sand Supply & Logistics Conference! For the white paper announcement click below:
Online Debate Regarding Permian Outlook
Industry insiders recently speculated that the Permian may be on its way out, noting that well productivity in the Permian is declining. In fact, the truth is quite the opposite....
+48% In 48 Hours. Takeaways From US Silica’s Conference Call
At this publication, we tend to steer clear of “stock talk.” As regular readers know, our focus instead is getting deep into the weeds on corporate strategy, industry trends and...
Freight All Kinds Podcast On Frac Sand
Frac sand is the key ingredient in the hydraulic fracturing process, in which oil and gas drillers pump frac sand and other materials into wells to break up shale rock,...
Research Roundup – Major Supply Chains, Sand Buy-out, Unsustainable Sand Price, E-Frac Pricing, & 7 Other Important Datapoints…
There is already a veritable flood of pressure pumper and operator earnings coverage making the rounds from other analysts and publishers this week. So we focused here on sharing 11...
Hexion Announces In-Basin Resin Coating Partnership With Black Mountain Sand
The Oilfield Technology Group of Hexion Inc. and Black Mountain Sand, LLC today announced their partnership created to provide in-basin production of resin-coated proppants. The partnership utilizes Hexion’s VoyagerSM mobile...
Covia Closes The Sale Of Its Calera Lime Facility For $135 Million
Covia, a leading provider of mineral-based and material solutions for the Industrial and Energy markets, announced that effective today, it has closed on the sale of its Calera, Alabama lime...
How Much Local Utah Sand Will Be Devoured? A Look At Demand And “Uniquely Utah” Logistics Issues
In a research update last week, we shared exclusive details on the local frac sand production scene in the state of Utah. In the second installment of our three-part series...
The Longest Running Metals And Mining Companies
Eight of the longest running metals and mining companies are based in Europe, while two are based in the US. Mining-technology lists the longest running metals and mining companies, based...
Oilfield Water Connection Announces Solaris CEO As Keynote Speaker For October 2019 Conference
Oilfield water industry leaders and investors will gather this fall at the Houston Petroleum Club to discuss industry trends, market structure, and other business topics related to produced water and...
U.S. Energy Spending Rising Again
The share of the U.S. economy dedicated to energy spending is increasing, after a years-long decline. According to the Energy Information Administration, U.S. energy spending in 2017 amounted to 5.8...
Drilling Down: Exxon Mobil Awakens
Exxon Mobil is preparing to drill dozens of new oil wells across the Permian Basin and Eagle Ford Shale. Over the past week, the supermajor filed for 53 drilling permits...
Baker Hughes Beats Wall Street Expectations On Revenue But Posts $9 Million Loss
Houston oilfield service company Baker Hughes beat Wall Street expectations on revenue but still ended up posting a $9 million loss for the second quarter. Baker Hughes reported a $9...
Weatherford Gets Another $250M To Keep Operating During Bankruptcy
The bankrupt Weatherford International said Monday it received approval from a Houston court to accept another $250 million from one of its creditors to keep the company operating during its...
Liberty Oilfield Services Anticipates Short-Term Slowdown In Fourth Quarter Of 2019
Liberty Oilfield Services has five hydraulic fracturing fleets operating in the Bakken, and 23 fleets companywide. It expects that it will be able to keep all of those fleets running...
Union Pacific: Cost Take-Outs Outweigh Headwinds
U.S. railroads are experiencing falling rail traffic, which implies a slowing economy. Union Pacific Corp. reported an earnings beat in Q2, but missed on revenue by $20 million. The stock...
Wisconsin DNR Investigating Jackson County Mine Spill; Unknown Material Discolored Trempealeau River
State environmental officials are investigating a spill at a Jackson County frac sand mine that discolored water in the Trempealeau River.
Lawsuit Against Scuttled Frac Project Dismissed; Judge Agrees To Reopen Case If Mine Materializes
A judge has dismissed a lawsuit against a stalled Jackson County frac sand operation while leaving open the possibility of future litigation if developers move forward before a key permit...
Anti-Frac Sand Event: Wisconsin Sand Sentinel Training
Have you seen sand blowing off a frac sand pile? A stream cloudy with sediment coming off a mine? These are potential permit violations that need to be reported. Reporting...
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