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Nick Cook, Editor
Issue #244 | November 6, 2019
Canadian Premium Sand Inc. is pleased to announce its first shipment of Northern White silica sand to a customer's terminal in Western Canada. This shipment was sourced from an operating mine in Wisconsin located directly...
In a data-driven update earlier this week, we noted that local sand capacity growth has stalled most everywhere with a couple exceptions. And a couple days later, here we are adding another mine in one of those exception...
The sand deposits in North Dakota are getting a second look. They were checked about 10 years ago for usability with fracking and the industry decided against it. The sand typically used by oil companies is more than...
Badger Mining Corporation, a family-owned industrial sand supplier since 1949, is pleased to announce the signing of a new exclusive terminal agreement with Di-Corp Sand Transloading for the use of DST’s transload facility in Rocky...
A bankruptcy judge signed off on a restructuring plan covering Shale Support Global Holdings LLC that hands ownership of the frac-sand supplier to Benefit Street Partners LLC. The Lafayette, La.-based company filed for chapter 11...
Proppant player US Silica reported a net loss in the third quarter as the company took hits from merger and acquisition expenses, facility closure costs and outlays from plant start-ups and expansions amid weaker...
In this update, we’ve carefully curated eight notable frac sand market datapoints, most of which came to light in the past seven days. These are mostly skimmed from…
The U.S. is the world’s largest producer of natural gas and oil, thanks in large part to hydraulic fracturing. Water is an indispensable part of the process because without it, there would be no way to produce the slurry...
VRX Silica Ltd will use $4 million raised in a strongly supported placement to accelerate the development of its three silica sand projects north of Perth in Western Australia. The placement at 11.5 cents...
The market for North America proppants is expected to grow at a CAGR of 7.67 % during the forecast period of...
For the first time since the disruptive local sand shift began back in 2017, the total workforce employed by the US local frac sand mining industry has…
Oil rose for a third day, buoyed by signs of progress in the prolonged U.S.-China trade dispute, despite expectations for expanding American crude stockpiles. Futures gained as much as 1% in New York. China is reviewing locations in the...
OPEC slashed estimates for the amount of oil it will need to pump in coming years, projecting that its share of world markets will shrink until the middle of the next decade amid a flood of U.S. shale...
Global markets are “awash” in crude thanks to the surge in U.S. oil output, and the boom looks set to continue, U.S. Energy Secretary Rick Perry said in a Bloomberg TV interview. U.S. shale production has turned the...
Halliburton is the second-largest oilfield equipment & services company by market capitalization. The stock price is unlikely to exhibit strong positive momentum in the short-run, but expect it to rebound in...
The ongoing shale slump is hitting sand miners and haulers that are facing lower demand, intense pricing pressures and competition from oil companies building their own mines to provide the crucial ingredient...
The downturn in shale drilling has been so steep and brisk that oilfield companies are taking the unprecedented step of scrapping entire fleets of fracking gear. With almost half of U.S. fracking firepower expected...
The downturn in shale drilling has been so steep and brisk that oilfield companies are taking the unprecedented step of scrapping entire fleets of fracking gear. With almost half of US fracking firepower expected to be sitting idle within weeks...
Functional wash plant available in the upper Midwest. Very competitively priced at only $410,000. This will sell quickly. Contact [email protected] for additional information and an introduction...
A 250 TPH wash plant located in the upper Midwest is available for purchase. With less than 500,000 tons fed to the plant, it is in very good condition and the asking price is only $4M USD. Contact...
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 available out there for those with the resources...
Market observers call new flow of capital in US oil production unlikely When Paul Murphy, the chairman and CEO of Cadence Bank, got on his recent earnings conference call, he described the bank's approach to new lending...
The ongoing shale slump continues to sting oil field services companies, but some of them are successfully implementing strategies to adapt to the boom and bust cycles. With crude oil trading in the $50 per barrel range...
The government has halted fracking in England with immediate effect in a watershed moment for environmentalists and community activists. Ministers also warned shale gas companies it would not support future...
Gary Cain, a San Antonio businessman who was convicted last year with then-state Sen. Carlos Uresti over their involvement in a Ponzi scheme, has lost his appeal. A three-judge panel on the 5th U.S...
The purpose of any fracturing treatment is to improve well productivity or well injectivity if the well is an injection well. This occurs by placing a high permeability fracture deep into the pay or injection...
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