Frac Sand Weekly News Digest

Issue #234 | August 28, 2019

We are only one week from the largest frac sand event of the year!  This year we will have an outdoor equipment expo happening at the same time as the main conference.  With great speakers, 500+ attendees, multiple receptions, a networking lunch, breakfast each morning, and 100+ exhibit booths to visit, anyone involved in the frac sand business should make an effort to attend.

Plenty of interesting articles in the newsletter this week.  Enjoy this issue and we’ll see you in San Antonio next week!

This Week's News

Embedded In The Eagle Ford – A Dozen Market Takeaways From Our Latest Completions Supply Chain Field Trip

In South Texas last week, we drove out to 13 local mines and 1 rail terminal. We went behind the gate with management teams for discussion and site visits at about half those locations. It was a busy...

Covia Appoints Richard Navarre As President And CEO

Covia a leading provider of mineral-based and material solutions for the Industrial and Energy markets, today announced that its Board of Directors...

Largest Frac Sand Conference Debuts Pre-Conference Seminars!

As an value-add for attendees of the 8th Annual Frac Sand Supply & Logistics Conference, we have added a selection of Pre-Conference Seminars. These seminars are 90-minute sessions that go deeper into more technical topics than we could normally include on the main agenda. Check out the topics and plan on attending! RSVP to pcook@petroleumconnection.com

If You Missed This Wood Mackenzie Webinar On Regional Vs. Northern White Sand, You Can See Them Present On The Topic At The 8th Annual Frac Sand Supply & Logistics Conference!

Choosing more localized sources of frac sand can reduce cost, ultimately improving economics, which is top priority in a capitally disciplined world. Join our US Lower 48 research analysts this upcoming Tuesday, August 27th...

CST_Frac Sand Banner

Frac Supply Chain Takeaways From Meetings In Fort Worth

We welcomed about 40 Infill Thinking subscribers for coffee, knowledge sharing, and networking on Wednesday in Fort Worth. This was the 16th reader appreciation event we’ve hosted in...

Preparing for the Frac Sand Supply & Logistics Conference

If you have not had a chance to do so, take a few minutes to watch our webinar on making the most from your time at the conference.

Vulcan

U.S. Silica Facility In Utica To Go Idle

A U.S. Silica mining facility in Utica will go idle this weekend, affecting between 25 to 30 jobs, according to a spokesman from the company.Oil well fracking companies are buying sand closer to their sites to reduce transportation costs, such as freight, said...

Permian Frac Tracker Sees Bipolar Market

Recent reports about oil and gas industry conditions in the Permian Basin have been mixed. As this July 16 article from Bloomberg indicates, there is evidence that industry activity is slowing down. Earlier this month, however, Rigzone reported...

Oil Advances Amid Mixed Signals On U.S.-China Trade Dispute

Oil rose after four days of losses as President Donald Trump gave mixed signals on resolving the trade dispute between the U.S. and China. Futures in New York increased as much as 1.3% after falling 4.8% over the previous four sessions. Trump struck a more conciliatory...

Colorado Oil & Gas Rivals Combine In $1 Billion Merger

Denver rivals PDC Energy and SRC Energy will combine in a $1 billion deal to create the second-largest oil and gas producer in Colorado's DJ Basin. Although PDC will acquire...

Thinning The Herd – The Public E&P Universe Is Shrinking Via M&A, Delistings

On the heels of yet another combination of public E&P operators this morning (PDC Energy and SRC Energy), we spent some time thinking about the expansion, peak and contraction of the public E&P...

Is There Any Hope For Oilfield Services Companies?

Just recently, oilfield services companies reported their Q2 earnings. They were bad, but Q3 is forecasted to be even worse. The lifeblood of oilfield services companies is drilling and completing wells. After discovery, drilling is the next step...

IAC Opens Permian Basin Office

Industrial Accessories Company (IAC) the premier technology based equipment supplier to the frac sand industry is increasing its considerable...

Drillinginfo Changes Name To Enverus

Austin oilfield data services company Drillinginfo is changing its name to Enverus. The name change comes on the 20th anniversary of Drillininfo's founding and one year after...

The Permian Boom Collides With NM Governor's Climate-Change Push

Diana Cerny has an oil boom to thank for the packed tables at her restaurant in Carlsbad, New Mexico. Gushing shale production has brought boot-clad workers from all over the world to this Permian Basin city less than an hour north of...

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