Frac Sand Weekly News Digest

Pete Cook, Editor

Issue #293 | October 14, 2020

We are only a month away from the Frac Sand Supply & Logistics Conference!  The conference is coming together!  Several new sponsors signed up in the past few days and new registrations come in every day.  Please plan on joining us!

Plenty of news this week.  HCR emerged from bankruptcy, the Wall Street Journal had an article on frac sand, great Infill Thinking coverage, and more.  Grab a cup of coffee, close the office door, and take some time to read through the articles.  There are some encouraging notes in there.  Enjoy!

This Week's News

Wall Street Journal: There Is No Oil In Wisconsin. The Fracking Bust Hit It Anyway.

Mines that sent trainloads of ‘Northern White’ sand to West Texas sit idle, costing jobs and hurting local-government coffers...

The Wall Street Journal Just Wrote Frac Sand’s Obituary. Here’s Our Take, A Palate Cleanser & A Pick-Me-Up…

This week, the Wall Street Journal went to town on frac sand, all but declaring the sector dead. Who can blame them really given the sad state of affairs and stream of tough news lately...

Hi-Crush Inc. Successfully Completes Restructuring, Emerges From Chapter 11 Bankruptcy

Through its financial restructuring, Hi-Crush has eliminated approximately $450 million of debt from its balance sheet, as well as more than $76 million of annual interest expense and lease payment obligations. The Company also appointed a newly constituted Board of Directors.

NRG Argentina selects Superior Industries' conveyor for new frac sand plant

Superior Industries, a global manufacturer and supplier of bulk material processing and handling systems, has been selected as the material handling supplier for NRG Argentina's new frac sand...

PropX

Draft Agenda Announced for the 9th Annual Frac Sand Supply & Logistics Conference

The Petroleum Connection has published the draft agenda for the largest frac sand conference of the year. With so much happening in the industry, the industry has much to discuss! Those in the frac sand industry should do their best to attend this event.  View the draft agenda here: https://petroleumconnection.com/event/9th-annual-frac-sand-supply-logistics-conference/   Recommendations for speakers, panelists, or additional topics should be sent to Pete Cook at pcook@petroleumconnection.com

Solaris Touts a Job Where They Ran 13 Million Pounds of Frac Sand Downhole in 24 Hours

Solaris silos allow you to maximize your stage execution. We recently ran a job where we consistently helped our customer run 10-12 million lbs of sand downhole per day and achieved over 13 million lbs for 24 hours...

Minnesota Sands asks U.S. Supreme Court to review Winona County's silica sand mining ban

Move follows State Supreme Court ruling in March that upheld the ban...

One-on-One with Ron Gusek, President of Liberty Oilfield Services

The Petroleum Connection is pleased to announce that Ron Gusek, President of Liberty Oilfield Services, will be joining the agenda of the 9th Annual Frac Sand Supply & Logistics Conference! A new feature...

How Does In-Basin Sand Supply Distribution Line Up With Completions At The Bottom?

With US onshore activity limping up from the bottom of a harsh downturn, Infill Thinking asked the question – how well did the frac sand industry do in matching supply to demand regionally during the in-basin...

Keeping US shale afloat

Improving drilling and completion efficiency is crucial for the industry to accelerate cashflow and remain economically viable...

What does the US election mean for mineral markets?

With less than one month remaining before the presidential election in the United States, Fastmarkets takes a look at how the two main candidates’ platforms could affect the mineral markets...

Oil rises near $40 after recovery in Chinese crude imports

Oil edged higher as data showed Chinese crude imports rose last month...

Infill Thinking’s Top Ten 3Q20 Updates

With 3Q20 earnings season commencing for the oilfield this week, Infill Thinking takes a look back at 3Q20 updates performance...

OPEC Says U.S. Oil Production Recovering Faster Than Expected

Production by the cartel was mostly flat in September, with a sharp drop in Emirati production balancing increases in Iraq and Libya...

Advertiser Space Available

Energy demand may not return to pre-pandemic levels until 2023

The International Energy Agency cautioned Tuesday that global energy demand would not return to pre-pandemic levels until at least 2o23, possibly 2025...

Texas trucking company closes its doors, sources say

Trinity Logistics Group had 102 drivers and 150 power units...

Commentary: Every state rail plan is unique

Promotion of railroads as highly efficient solutions is often considered to be the role of agencies like state departments of Transportation. So why, you might ask, does Oklahoma stand...

Attend or Not Attend the Frac Sand Supply & Logistics Conference?

Should you register for the largest frac sand conference of the year? Will anyone be there? Will my company allow me to go? Will it be safe?  These are all legitimate questions being faced by the frac sand industry...

Freight Railroads Meeting Harvest Season Needs, Say Shippers On STB Advisory Panel

Despite having locomotives in storage and personnel furloughed earlier this year due to the COVID-19 pandemic, U.S. freight railroads have been able to bring back resources and meet the needs for rail service...

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