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Nick Cook, Editor
Issue #272 | May 20, 2020
While we’re a long way from being fully back on our feet, there are some reasons for optimism for frac sand and North American onshore. You can read the experts’ take in the articles below. Anecdotally, we’re seeing it with new registrations and sponsorships for both the 2020 Mobile Mini Frac Sand Mine Forum and the 9th Annual Frac Sand Supply & Logistics Conference. I hope you consider joining us for these events. It’ll be great see people face to face again! Enjoy the newsletter and have a great rest of the week!
Setting aside what we all know about frac sand demand in 2Q20 (volumes are terrible), there are some interesting gives and takes at play when it comes to Northern White Sand vs local sand market…
Demand for hydraulic fracturing services in shale plays across the United States is expected to bottom out in May and remain low during the summer before a recovery begins in the fall, Norwegian global...
VRX boasts a portfolio of high-quality silica sand projects at Arrowsmith, located 270km north of Perth in WA, Muchea, 50km north of Perth, and Boyatup, 100km east of Esperance. The ASX-listee...
A data-driven look at operating activity trends for the Lower 48 local frac sand mining industry...
Oil rose to levels not seen since Covid-19 lockdowns paralyzed the world’s largest economy, lifted by signs of recovering demand and news of a viable coronavirus vaccine. Futures in New York climbed...
Oil held near a two-month high of $35 a barrel as supply curbs tighten the market and demand rebounds in the world’s largest consuming countries. Prices for oil cargoes from Russia to Brazil have...
Last week, we covered the latest legal battle in the last mile logistics market with several updates. Here are the latest new developments in the case…
A creditor has filed receivership proceedings against Northern Industrial Sands, a frac sand mining and processing company located in rural New Auburn. Minneapolis, Minn., based Dougherty...
Confidence had returned to global exploration with improved performance and the emergence of several new multi-billion barrel plays. The confidence carried over into 2020 but has evaporated in...
It’s Tuesday May 12, 2020 and from our desk to yours, here is a roundup of noteworthy downturn datapoints that advance the oilfield business narrative as the bottom approaches...
The shale industry was in trouble even when oil was priced at $30 a barrel. Hundreds of small producers across Texas and the Midwest were laden with debt, sweet spots already taken and forcing...
In the wreckage of the land drilling market, there’s a clear bifurcation of fortunes...
U.S. gas production is expected to bottom out in November as energy companies shut down rigs in response to the coronavirus-driven oil bust. Rystad Energy, a Norwegian energy research firm...
Gavilan Resources, a Houston oil and gas company backed by Blackstone Group, has filed for bankruptcy protection, a casualty of the coronavirus-driven oil crash and a legal dispute with a joint venture...
We have arrived at the following ranges for active frac crew counts by basin based on information received from multiple plugged-in contacts we trust. This isn’t necessarily “Gospel,” and you...
As most people in oil and gas could tell you, the North American shale industry has seen better days. At least, that is, as things stand now. From a peak of 849 started frac operations (in select shale basins) just...
Terry Palisch, Global Engineering Advisor, talks about SCALEGUARD, CARBO's proppant-delivered scale-inhibitor system, and its impact in a Uinta case history including long-term results...
Lebada Vest, located 95 km offshore northeast of the city of Constanţa, is the largest offshore Romanian oil field currently in production. It was discovered in 1984 and has been in production since...
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