Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #291 | September 30, 2020
Lots of interesting articles in the Digest this week. Please take the time to read through it. IN the next week or so, we’ll start announcing the speakers for the 9th Annual Frac Sand Supply & Logistics Conference! It is coming together nicely. The Hyatt Regency Hill Country Resort added some rooms to our block as we started to fill up. They also added rooms to the days just before and after the conference as they have had several requests for people who want to enjoy the resort for a few days before or after the conference. If your kids are taking classes online (or homeschooled, like mine), then bring them along. The resort has great wifi, and when school work is done they can enjoy the lazy river, water slide, wave runner, golf, free bicycle usage, wildlife feeding, etc. It is going to be a great conference. I hope you join us!
This Week's News
The Re-bundling Revolution
And in this guest contribution penned for Infill Thinking readers, Michael Montgomery of NexTier makes the case for why operators should consider rebundling – highlighting the virtues of turning over sand...
Hi-Crush Announces Successful Confirmation of Plan of Reorganization
Under the terms of the Prearranged Plan, the Company eliminates approximately $450 million of unsecured debt, reduces annual interest expense by more than $43 million, and equitizes certain material general unsecured claims against the Company...
Court approves Hi-Crush's bankruptcy plan
The confirmation order comes a couple of days ahead of the schedule Hi-Crush was targeting when it filed for bankruptcy...
Federal Circuit Won’t Halt Fracking Patent Trial For Board Look
A patent lawsuit against Sand Revolution LLC will go forward in a West Texas federal court after the Federal Circuit refused to order a pause for a patent office validity review...
Something Notable On The Mobile-Mini Plant Front
The team at Infill Thinking noticed some hiring datapoints in the Permian that suggests a mobile-mini plant deployment that leap frogs permanent facilities could be moving closer to reality...
Devon Energy to acquire WPX Energy for $2.56 billion
Devon Energy plans to acquire WPX Energy for $2.56 billion, creating one of the nation's largest shale producers with a dominant position in the Delaware Basin of West Texas...
Buyer Behavior Cliff Notes As Devon & WPX Become One Frac Customer
The Devon / WPX deal announced Monday morning continues the theme of Lower 48 E&P consolidation by creating the fourth largest unconventional oil producer in the US...
The Value of Oilfield Partnerships
Thoughtful article by High Roller Sand on the importance (and benefits) of strong partnerships...
Rystad Energy Hosts a Deep Dive Shale Webinar
The webinar begins at 9:30am Houston time today, September 30...
Oil reaches one-week high on stimulus talk as virus fears linger
Crude oil rose to the highest in more than a week in New York and London on optimism that a deal could still be struck for a fresh round of stimulus spending before the election...
Vizualizing Lower 48 Drilling Footprint Evolution
In this week’s rig count update, Infill Thinking put the spotlight on geo-region shifts in drilling activity as the rig count has undergone a massive compression since year-end 2018. How has the market share of various basins...
Wisconsin Proppants Celebrates 1,000 Days with No Reportable or Lost Time Injuries
Wisconsin Proppants celebrates 1,000 days with no reportable or lost time injuries...
Biden couldn't end fracking even if he tried
A Biden administration could make it more difficult, certainly. But presidents and agencies such as EPA cannot simply decide to ban fracking everywhere...
How Frac Crew Efficiency May Impact Future Frac Fleet Demand
We look at US oil production per frac fleet to get a sense of how many frac fleets may be needed to keep US production at EIA predicted levels for 2021...
As U.S. drilling plummets to 122-year low, losses may intensify in second half
The catastrophic demand decline initiated by coronavirus lockdowns significantly damaged the U.S. oil industry, with oversupply, historically low storage capacity, and low prices. Operators responded by stacking rigs and shutting-in production...
Veteran Vinson & Elkins Restructuring Partner Relocates to Houston
Vinson & Elkins LLP announced today that Paul E. Heath, an accomplished partner in the firm's Restructuring and Reorganization practice group, has relocated from Dallas to Houston...
US rail headcount rises on monthly basis
Rail employment has been trending lower over the last five years...
Full review needed for sand-mining proposal
An-anti frac sand writer provides some details on CanWhite’s proposed project in Winnipeg...
Alberta announces Mineral Advisory Council
The government of Alberta has announced a five-member panel that will work to help the province become a world leader in mineral resource production...
In the UK, Egdon plans “small-scale fracking” instead of acidisation at Wressle oil site
Egdon Resources will now use a technique described by regulators as “small-scale hydraulic fracturing activity” as the first option to stimulate oil flows. They will use “proppant squeeze”, which injects a slurry of...
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