Frac Sand Weekly News Digest

Issue #241 | October 16, 2019

For a time of year that is typically quiet and a little slower, the oilfield services world continues to evolve, with big news and emerging opportunities left and right.  We hope you enjoy this week’s newsletter, including good coverage on the recently-announced frac sand mine in the Bakken, new last-mile players in the Permian, a big Permian oil & gas acquisition, and a lot more information!  Be sure to stay up to speed on all the relevant news by reading this newsletter (and encourage your contacts and colleagues to subscribe as well…it is free!).  And we look forward to sharing more information with you at the 5th Annual Frac Sand Industry Update, being held at The Petroleum Club of Houston on January 29, 2020!

This Week's News

Sand deposit could be 'game-changer' for North Dakota oil

A deposit of sand in north-central North Dakota could be a boon to the state's oil industry. The sand — a variety specifically needed in the process of hydraulic fracturing — has been found...

Mapping Bakken Drilling Rigs Vs. Frac Sand Mine Sites

In this weekly rig count update, we take a look at the proximity of the new Bakken frac sand mines to the core of drilling activity in the Bakken...

Revisiting Infill Thinking’s Original Bakken Local Sand Coverage As Mainstream Attention Now Grows…

This weekend, the Grand Forks Herald newspaper in North Dakota published a story titled: “Sand deposit could be ‘game-changer’ for ND oil...

CST_Frac Sand Banner

America’s Second Great Shale Oil Boom Is Nearly Over, But a Third One May be Coming: Julian Lee

(Bloomberg Opinion) America’s second shale boom is running out of steam. But don’t panic just yet, a third one may be coming over the horizon.The U.S. Energy Information Administration published its latest...

The 5th Annual Frac Sand Industry Update Website is Live!

Join us for the next large frac sand event, being held January 29, 2020 in Houston...

Parsley Energy to buy Jagged Peak for $1.65 billion in Permian merger

Austin-based Parsley Energy said it will pay $1.65 billion to acquire Denver's Jagged Peak Energy in a combination of Permian Basin players...

HCR

Parsley’s Latest Thinking On Water Infrastructure & Frac Sand After The Jagged Peak Merger Announcement

E&P M&A is heating up again this week with another Merger Monday. One of yesterday’s deals gave us a chance to hear from management on two hot industry topics…

All The Last Mile Players On One Stage (Infill Thinking Exclusive)

Earlier this week, Infill Thinking reported on a new arrival in the Permian Basin’s last mile market. Today, they’ve been able to confirm new details about still another new competitor’s arrival in the Permian Basin...

Most New US Crude Now Sold Overseas – And Share Is Growing

The fate of U.S. crude production is a big deal for the transportation industry, not just because it affects fuel costs, but because it's such an important driver of demand. U.S. crude...

The Mouat Company

Four Opportunities Presented By Stabilizing Oil Prices

The past year has been seen oil prices drop to below $50 per barrel. But now that prices seem to be stabilizing, a number of new trends and investment opportunities emerge. After a wild year in which NYMEX oil prices fell below $50, and are...

Halliburton lays off 650 employees in four western states

Houston oilfield service company Halliburton laid off 650 employees in four western states from New Mexico to North Dakota as demand for drilling and hydraulic fracturing services remains week amid lackluster oil prices...

Beyond Stevens, A Report Lays Out Tough Times For Drivers Operating In Permian Basin

As the tanker division of Stevens Transport announced its closing this week, an analysis of the situation on the ground in the Permian Basin for trucks suggested things could get a lot worse...

Drawn by the Salary, Women Flock to Trucking

Last year, Rebekah Koon left her job as an assistant manager of a gas station in Fort Bragg, N.C., to train as a truck driver, inspired by watching her uncle hit the road as a...

Picking Up Bargains

Those in frac sand for the long haul have a unique opportunity right now. Provided they see the sand oversupply abating in the next year or so, there are some bargains...

What's in Store for Kansas City Southern Q3 Earnings?

Kansas City Southern KSU is scheduled to report third-quarter 2019 results on Oct 18, before the market opens. The Zacks Consensus Estimate for the...

When Sand & Water Don’t Mix… Texas AG Finds Fault With An Industrial Sand Plant’s Wastewater Handling

Action against an industrial plant has read-through to Texas local frac sand mining…

Whose Milkshake is Whose? Pennsylvania Supreme Court Considers Whether the Rule of Capture Applies to Hydraulic Fracturing

The Rule of Capture has been a foundational concept of oil and gas prospecting for 150 years. The Rule of Capture exists to provide an affirmative defense to drillers when they tap...

Vulcan

Oasis Petroleum Donates Frac Sand Slinger to Williston State College Transportation Program

On Monday, September 30, Oasis Petroleum delivered a sand transfer machine to the Williston State College Transportation Technology Program. The unit, colloquially known as a sand slinger, is designed to move large amounts of...

Lizard lawsuit risks disruption to Texan frac sand mining

Environmental groups are suing the US government to protect the dunes sagebrush lizard, in a move that could hit Texan frac sand production. Two environmental groups...

States of Economic Comparison: Texas is booming, but Illinois still lags and California bears watching

Incomes overall in America are growing smartly, but some states and regions are doing better than others. The Bureau of Economic Analysis (BEA) this week published state personal income data for the second...

How China Could Become a Net Exporter of Oil & Gas: Lessons Learned from International Tight Oil Development

The importance of hydrocarbons to China – especially oil and natural gas – both today and for many years into the future, is widely underestimated. Even with very aggressive growth assumptions for renewables, hydrocarbons will still supply roughly...

As Brexit unfolds, mineral products will continue to be essential for infrastructure

As Brexit unfolds, mineral products will continue to be essential for infrastructure including schools, hospitals, roads, rail and energy infrastructure. We believe there is a fundamental responsibility for...

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