Frac Sand Weekly News Digest

Pete Cook, Editor

Issue #251 | December 26, 2019

The Petroleum Connection wishes you and yours a very Merry Christmas!

This Week's News

Houston-based frac sand, tech co. to be delisted from NYSE

Carbo's stock price dropped last month after the company disclosed it lost its largest frac sand customer and issued a warning about its ability to continue as a going concern...

ShaleApps signs on as the Lanyard Sponsor for both 2020 frac sand events!

The Petroleum Connection is pleased to announce that ShaleApps, a leading provider of mobile apps in the oilfield, will be the Lanyard Sponsor for both the 5th Annual Frac Sand Industry Update and the...

Emerge Energy's Ch. 11 Plan OK'd In Delaware

A Delaware bankruptcy judge on Wednesday approved a modified Chapter 11 plan of fracking sand miner Emerge Energy Services LP and its affiliates, after issues with liability releases that led her to reject a prior plan...

The Mouat Company

Canadian Premium Sand Provides Corporate Update, Announcing Letter of Interest for partnership with Hi-Crush

Canadian Premium Sand Inc. is pleased to announce that it has entered into a non-binding letter of interest with Hi-Crush Inc, a leading provider of proppant and logistics services. The Company also wishes to provide an update on...

Overview of the Wanipigow Sand Project, Manitoba

The Wanipigow sand project, previously known as the Seymourville silica sand extraction project, is being developed by Canadian Premium Sand. The project will supply silica sand to be used in oil and gas operations...

Dave Frattaroli, Executive Vice President of Business Development at High Roller Sand, is Interviewed by Infill Thinking

Dave Frattaroli, Executive Vice President of Business Development at High Roller Sand, has over 30 years of experience in Global Industrial Minerals markets. He is greatly respected for his knowledge and...

PropX Takes Leading Sponsorship Role in the Two Largest Frac Sand Events of 2020

The Petroleum Connection is pleased to announce that PropX has signed up as the Coffee Sponsor for the 5th Annual Frac Sand Industry Update, being held in Houston on January 29, as well as a Golf Sponsor for...

Tarmac International

Covia Repurchases $63 Million of Debt at Substantial Discount to Par

Covia, a leading provider of mineral-based material solutions for the Industrial and Energy markets, today announced that it has successfully repurchased $62.9 million of its term loan at 76.8% of par, resulting in a cash...

Claim: Fracking companies have been hurt by oil companies buying sand and chemicals directly from suppliers rather than from oilfield service firms

“Spears said many fracking companies have been hurt by oil companies buying sand and chemicals directly from suppliers rather than from oilfield service firms...

Frack Sand Container Co. Wants $49M Judgment Axed

A $49 million judgment must be wiped out because it rests on an unenforceable nondisclosure agreement, a container manufacturer told a Texas appellate court Tuesday...

Hi-Crush Inc. Announces Release of Inaugural Corporate Responsibility Report

Hi-Crush Inc. or the "Company," today announced that it has released its first Corporate Responsibility Report, which covers the operating year 2018. The report details the Company’s efforts across several areas...

CST_Frac Sand Banner

It’s The Most Wonderful Time… For Tight Oil E&Ps With Change In Their Pocket & Long-Term Vision

Looking at today’s depressed stock prices for tight oil operators and declining E&P activity trends, you’d never guess that this is actually a relatively wonderful time to be an E&P operator actively...

Guidon Holdings says 2020 will be an unprecedented year for mobile frac sand mining

It's clear where we're going! As Guidon Holdings companies venture into new phases of our business, we continue to change the status quo of the aggregates world. With AJ Morris moving to lead us as...

Oil holds above $60 as U.S. crude stockpiles seen shrinking

Oil held above $60 a barrel before U.S. government data forecast to show that crude stockpiles declined again, mitigating concerns that global markets face a renewed surplus next year. Futures...

The “Nice List”: 19 US E&P Operators To Keep An Eye On For 2020 Activity Growth

With lumps of coal in every oilfield stocking this holiday season, it’s easy to overlook the bright spots. There are some bright spots though. Not every E&P operator plans to slash investment next year...

Advertiser Space Available

U.S. oil and gas rig count up most since April

The nation's number of operating oil and gas rigs increased by 14 this week, according to the Baker Hughes rig count. It's the largest gain in active rigs for U.S. producers in more than eight months. Texas led the gains, with producers adding...

Available Frac Sand Assets to be on Display at the 5th Annual Frac Sand Industry Update

The Petroleum Connection is excited to announce that we have added a poster display component to the 5thAnnual Frac Sand Industry Update. The posters will showcase frac sand assets which are available for sale...

Increase returns by $24 billion through well optimization

According to a recent study of data from oil and gas wells in Texas, accounting heavy-weight Deloitte suggests that Eagle Ford and Permian Basin shale operators could generate capital efficiency gains...

Beyond Frac Sand: IAC, Agra Industries partner to provide hemp processing solutions

International Accessories Co. was contracted to design, construct, commission and operated two hemp drying and bagging facilities, starting in September, 2019. IAC completed both projects in parallel with an...

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