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Nick Cook, Editor
Issue #279 | July 8, 2020
Apparently even shale industry news goes boom & bust. After having so many major articles in last week’s newsletter, this week there are only a handful of articles. Fortunately, we had several newsworthy blog posts over the past week, so we’re able to include those.
With all of the bankruptcy news, a recent report has received little fanfare in the frac sand industry, but I think the report is worth noticing.
Joel Schneyer of Capstone Headwaters posts details from the bankruptcies of Vista Proppants and Logistics, Hi-Crush, and Covia...
Clearly, based on the following table, the PPP loan program provided a material source of capital for many smaller firms in the US oilfield at the cyclical bottom, specifically those in the often ignored frac supply chain. Good!
A few weeks ago the draft agenda for the 9th Annual Frac Sand Supply & Logistics Conference was essentially done. However, the frac sand industry is going through a major adjustment right now and we have decided to adjust the agenda to match it...
It was a one-month reign for the Marcellus Basin of Pennsylvania.
The Petroleum Connection is pleased to announce a new webinar. Join us at 12pm Central time on Thursday, July 23rd as we discuss “Frac Sand Asset Acquisition and Disposition”...
The move will enable the company to focus on its silica sand projects while still participating in any future exploration success...
The Petroleum Connection has announced that the Golf Outing at the 9th Annual Frac Sand Supply & Logistics Conference has been moved to the afternoon of Friday, September 18...
Several recent articles regarding the work being done to find a vaccine for COVID-19 have references to a potential bottleneck being a shortage in silica sand, which is used to make medical vials. Um, I think I know where we can find an abundance of silica sand just sitting there waiting to be used…how about your local frac sand mine!
If you have some used dryers and screeners available, please contact Pete Cook ([email protected]) to learn more about some opportunities to dispose of those assets. Along the same lines, if you are in the market for dryers, screeners, mobile processing units, mini plants, and other equipment, please contact Pete for introductions to sellers.
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