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Nick Cook, Editor
Issue #264 | March 25, 2020
Hopefully you have been able to take advantage of the “no travel” and “work from home” situation to catch up on important issues, clean up the home office, and sit and think about priorities, innovations, and life. I’ve been pleasantly surprised this week how much of that type of thing I have been able to accomplish. I have received several calls from people developing real innovations or working on projects large and small (which are quietly moving forward, positioning themselves for success when we come out of this situation). It reminded me of this caveman cartoon: 
Perhaps now they finally have time to talk! I also wanted to point out that many of the articles to which we link are from Infill Thinking, which is offering a 90-day free trial for those laid off in the industry. If that applies to you, I would encourage you to take advantage of the offer. Well worth your time. Don’t hesitate to reach out if there is anything we can do for you! Stay healthy!
Canadian Premium Sand Inc. is pleased to announce that an updated Preliminary Feasibility Study and Mineral Resource Report effective March 19, 2020 has been completed for the Company’s...
Smart Sand is undervalued on a book value basis. It has been consistently profitable and operates off of cash flow while reducing debt. Smart Sand is a profitable company, increasing its value...
The Fort Atkinson City Council on Tuesday paved the way for a new company to locate in the southside Robert L. Klement Business Park. The council unanimously approved the sale of 7.791 acres of...
IAC Engineers & Constructs New Frac Sand Plant in Louisiana 5 weeks early. The plant includes State-of-the-Art Project Controls for Engineering, Procurement and Construction...
The Petroleum Connection has announced that the Mobile-Mini Frac Sand Mine Forum has been postponed from April 17 to July 1, 2020. Due to the coronavirus complications, travel restrictions, CDC...
Oil was swept up with other risk assets on optimism over a U.S. stimulus package to shore up the coronavirus-battered economy. Futures advanced 2.8% in New York as House Speaker Nancy Pelosi...
Oil clawed back some gains after plunging 29% last week as the U.S. signaled the possibility of a joint U.S.-Saudi Arabia alliance to stabilize prices. Futures in New York rose 3.2% Monday in a mixed day of trading...
Railroad Commissioner Ryan Sitton, one of three officials elected to regulate the oil and gas industry in Texas, has been invited to attend OPEC's next general meeting in June. In a Friday afternoon statement...
The crisis in the oil industry is so bad that Texas regulators are weighing whether to coordinate production cuts with OPEC. If they’re seeking advice, they should look no further than the man...
Two of the world’s biggest oilfield service companies are warning of a bigger shale crash than the one that hit the U.S. and Canada just five years ago. While the decline in North American drilling rigs...
Midstream is in a rough spot. With the shale industry under attack from OPEC+ and demand taking a hit from COVID-19, overall energy demand looks rather bleak, particularly in crude oil. Even the quality...
Here’s what we heard during phone calls with many of our oilfield contacts over the past 7 days...
Schlumberger, the largest oilfield service company in the world, plans to cut up to 30 percent from its budget as crumbling oil prices and the coronavirus pandemic weigh on the industry. The company...
One of the most painful busts in the history of crude oil happened just six years ago when a sharp price drop cost 200,000 roughnecks, almost half the entire workforce, their jobs. And now, the spread of...
Unfortunately, thousands of extremely talented and dedicated oilfield business people are being let go right now through no fault of their own. So this week, Infill Thinking will begin offering 90-days...
My thesis is that the railcar fleet could be right-sized to just four basic railcar types. There are too many boutique car types – now we must find common ground and agreement among all the parties involved...
We spotted an interesting article appearing in the American Oil & Gas Reporter about results from using tiny ceramic beads as a proppant in oil and gas wells in several shale plays. Typically sand is...
Workers who are exposed to respirable cyrstalline silica dust are at increased risk of developing serious silica-related diseases. OSHA's standard requires employers...
For all of us, this is a very difficult situation. Financially, it is going to be very, very difficult. Personally, however, this coronavirus quarantine has the potential to be a great time. There is potential that you can...
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