Frac Sand Weekly News Digest

Pete Cook, Editor

Issue #252 | January 2, 2020

Happy New Year from The Petroleum Connection! We’re looking forward to seeing you at the 5th Annual Frac Sand Industry Update in Houston on January 29. We sold out each of the past three years, so don’t wait too long to register. It is only $495 per person and is a great way to kick off the new year!

This Week's News

Northern White Sand’s Rags To Riches To Rags Story…

The oilfield industry has many similarities to sports. Both are cyclical. Both have lots of turnover in winning strategies and players. Both have their fair share of larger than life characters and dynastic franchises...

Alston Equipment and Astec Join the Growing List of Sponsors for the 5th Annual Frac Sand Industry Update

Get the latest frac sand forecasts, trends, research & regulatory updates at this one-day event, while engaging with industry experts and expanding your network at Houston's beautiful Petroleum Club!

Covia Announces Actions Designed to Improve Financial Flexibility

Covia, a leading provider of mineral-based material solutions for the Industrial and Energy markets, today announced a series of actions that are expected to improve its financial flexibility...

Advertiser Space Available

Shell sells last of its Haynesville position

Royal Dutch Shell is officially moving out of the gassy Haynesville shale after selling its last package of acreage to a private Houston firm. Houston-based Castleton Resources, which primarily focuses on...

Oil caps strongest year since 2016 on OPEC cuts, trade truce

Oil in New York capped its biggest annual increase since 2016, as OPEC’s production cuts tempered supplies while a trade pact between the U.S. and China buoyed the outlook for demand. West Texas Intermediate futures fell...

Hedge funds stay bullish on oil amid trade truce, OPEC+ cuts

Hedge funds are approaching the end of the year more optimistic on global oil prices than they’ve been since May. Their net-bullish wagers on Brent crude climbed for the ninth week in 10, reaching a seven-month high, data released...

Harold Hamm: The decade we won our energy independence

As we usher in a new decade, I have been reflecting on certain moments in time that will be etched in the history of energy. I believe these past 10 years will prove to be one of the most momentous decades in the...

A Decade of Fracking in 4 Charts

Ten years ago, the U.S. ranked third in global oil production, trailing Saudi Arabia and Russia. A decade later, it leads the world in oil as well as natural gas output, having more than doubled the amount of crude it pumps while raising...

CST_Frac Sand Banner

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...

US Rig Count’s Christmas Miracle

In late-October, we noted that Patterson-UTI’s CEO Andy Hendricks predicted a modest increase in drilling activity in late-December. Andy might be preparing to take a victory lap now…

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...

Oil’s Tank is Half Empty in 2020: Ten Things To Watch

As the decade draws to a close, we note a quiet but staggering milestone - the world consumed more than 100 million barrels of oil per day. In addition, the shale oil & gas revolution in North America has upended...

Canadian National: The Glass Is Half Empty

Canadian National reports quarterly earnings on January 28th. Analysts expect revenue of $2.73 billion and EPS of $0.95. The revenue estimate implies a mid-single-digit decline Y/Y. Investors should focus on the following...

Tarmac International

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...

Perforating Approach Optimizes Proppant Distribution, Improves Well Performance

Reduced stage spacing has been demonstrated to improve well performance, but it also adds additional stages to a well, thereby increasing completion cost. The mechanics of why reduced stage spacing improves...

A New Source of Sand? Turning Bottles into Sand.

We don’t think this is going to have any impact on the frac sand industry. We just thought this was an interesting article.

An Alternative Use for Frac Sand? How Waterford Crystal Designs The Iconic Ball For The Times Square New Year’s Eve Celebration

It’s the world’s most iconic ball. And as New Year’s Eve celebrants count down to 2020, more than one billion people will be watching as the crystal-clad orb drops in Times Square. The ball itself is 12 feet in diameter...

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