Frac Sand Weekly News Digest

Pete Cook, Editor

Issue #284 | August 12, 2020

Take a seat.  Put on your reading glasses.  There is a lot of great information in the newsletter this week.  Honestly, I don’t know why!  In addition to the reliable Infill Thinking analysis, we have a surprising number of webinars, podcasts, videos, and case studies added to the mix this past week.  Oil prices remain stable (and, I think, slightly higher than expected).  Some companies may be realizing that we’ve hit bottom, are stabilizing, and those companies are mildly surprised that they are still standing!  They may be turning their attention back to business and trying to see what opportunities may be out there.
 
Let’s be a little optimistic and dream of the day when we can get back together, roll up sleeves and show our scars, catch up, and do some deals!  Mid-November seems like an ideal time to do that!  Maybe mid-November in San Antonio?  Plan on joining us at the 9th Annual Frac Sand Supply & Logistics Conference (https://petroleumconnection.com/event/9th-annual-frac-sand-supply-logistics-conference/).  It’s time to get back to business.

This Week's News

Skull Creek in Utah may be site of new open pit frac sand mine

Skull Creek is east of Dinosaur National Park and about 17 miles from the Colorado-Utah border. Residents are concerned about impacts from a proposed frac sand pit mine, including truck traffic, noise pollution...

U.S. Silica Holdings, Inc. Announces Resignation of Brad Casper

U.S. Silica announced that Brad Casper has resigned from his position as the Company's President to pursue other opportunities effective August 31, 2020...

Podcast: Nomad Proppant Interviewed on Digital Wildcatters, Talked Mobile Mining

The guys from Nomad Proppant are pretty early on in their journey but they’re young and hungry. They hit on how raising early stage capital isn’t easy and it’s even harder when you’re pre-revenue & need $10m+ to start...

Podcast: What the FRAC!

In this very good podcast Wes Adkins, US Rail and Logistics, Marc Bianchi, Cowen Equity Research and Thomas Coleman, Shale Rail discuss what is going on in the frac sand industry...

Webinar: Westwood Energy Announces their US Frac Supply Chain Outlook

Being held on August 25, they will dive into the frac sand supply chain following the devastating blows in Q2 2020 with many companies filing for bankruptcy...

Canadian Premium Sand Tempers Expectations on 2020 Volume, Final Investment in New Mine, and Looks at Selling Sand for Solar Panels

In a recent letter to investors, the company tempered frac sand expectations, but made an interesting disclosure regarding opportunities with photovoltaic solar panels...

Imprisoned Former CEO of Four Winds Logistics Wants U.S Supreme Court to Review Sentence

Stan Bates, imprisoned for masterminding a Ponzi scheme that also took down former state Sen. Carlos Uresti, wants the U.S. Supreme Court to review his 15-year prison sentence...

CASE STUDY: Source Energy Services’ Last Mile Supply Chain Optimization

The purpose of their Pipestone Area project with their junior E&P customer and trucking partners was to utilize their Last Mile Proppant Supply Chain Optimization Solution in order to ensure continuous...

CASE STUDY: Creating Value with ESG Solutions for Frac Sand: Sil Industrial Minerals, Catapult Solutions and Crew Energy Inc. collaborate to meet ESG Commitments

Crew Energy is always looking for ways to reduce their environmental impact, improve safety performance, and increase the efficiency of their BC Montney operations...

What The Customers Are Saying… About Their Frac Sand

Scanning more than 40 E&P earnings calls (and associated IR decks and 10Qs) over the past couple of weeks, we’ve been a bit surprised at how seldom the topics of frac sand, frac supply chain procurement...

What The Customers Are Saying… About Frac Crews & DUCs

Scanning more than 40 US E&P conference calls over the past couple of weeks, here are the most notable takeaways as it pertains to frac crews and completions activity in 2H20.   The big themes are getting back to work on the completions side into year-end, and this is a pretty positive update…

Marketing to the Frac Sand Industry

Do you have goods or services to sell to the frac sand industry? If you would rather not wait until the November conference to get in front of the industry, or if you would like to do an advertising campaign leading up to the conference, you might consider putting a banner ad in the Frac Sand Weekly News Digest. In these difficult times, industry professionals are keeping a close eye on the news.

Proppant Talk: Frac Sand Basics

Short video covering mesh size, Krumbein shape factor, and turbidity...

ConocoPhillips Cracks the Lower Montney

ConocoPhillips is achieving high production rates from the Lower Middle Montney at Blueberry. The wells were completed with more than 13,000t of proppant and 90,000 m3 of frac fluid...

Brent oil edges above $45 on signs of slowing U.S. Covid cases

Oil edged higher as markets in Europe and Asia advanced on signs that the surge in coronavirus cases in the southern U.S. is slowing...

Oil rises with prospect for U.S. stimulus buoying demand outlook

Oil posted the biggest gain in a week in New York amid signs that the U.S. may move forward with another economic stimulus deal that could bolster consumption...

ANNOUNCEMENT: The Dates of the 9th Annual Frac Sand Supply & Logistics Conference Have Changed!

The Petroleum Connection has announced that the dates of the 9th Annual Frac Sand Supply & Logistics Conference have changed...

Advertiser Space Available

18 Frac People On The Move

Individuals are often overlooked in this asset-intensive sector, but talent shifts can have big implications for value creation, oilfield trends, sales and competitive dynamics...

Westwood Recorded Webinar – Drilling & Well Services Outlook

Webinar Recording:  Jack Baxter and Ben Wilby provided an overview of the Global Onshore Drilling & Well Services market, focusing on the top three countries for drilling activity and how the oil price collapse has affected them...

Struggling oil company Weatherford promises more layoffs due to COVID

Some of the budget cuts have been completed, but more job reductions and facility closures are on the way, CEO Karl Blanchard told investors Wednesday...

A Cashless 2H20 Oilfield Bounce?

Tallying up the E&P capex spending of the first fifteen E&Ps to report earnings back then, Infill Thinking calculated that they spent 59% of their budgets during 1H20, which saw a violent 40% spending...

Low-cost shale drilling might not boost oil production this time

U.S. shale producers are at a crossroads as they find themselves more efficient than ever. They can keep drilling, and potentially dent oil prices, or use the money to pay down debt...

As Trump Leaves Permian Oilfield, Industry Insiders Question If 2020 Bust Marks Texas Oil’s Last Big Boom

“I believe it is likely to assume that demand will take a long time to recover,” Shell CEO Ben van Beurden said today as he announced his company’s second quarter loss, an unprecedented...

Oklahoma railroad traffic slows with economy

The American Association of Railroads, which tracks shipping data from railroads across the U.S., reports that railroads hauled roughly 481,000 carloads of freight and intermodal units for the week ending July 25, a drop of almost...

Frac Sand Weekly News Digest logo

Get relevant announcements and news from major outlets, industry leaders, and local media so you always know what’s happening and changing in the frac sand industry.

Subscribe to get our carefully curated summary of relevant frac sand related news and analysis delivered to your inbox each Wednesday morning.

We keep your data private and share your data only with third parties that make this service possible.

Share Your News

Send us your press releases and any other news articles which you believe would be of interest to our readers. Email submissions to fsdigest@petroleumconnection.com

Advertising

Do you offer goods or services focused on the frac sand supply chain? Advertise in the Frac Sand Weekly News Digest.