Menu
Menu
Nick Cook, Editor
Issue #295 | October 28, 2020
There is a lot of information in today’s news digest. There are not a lot of articles about frac sand specifically (though there are some), but several articles will have an impact on the frac sand industry. Shale consolidation is in full swing, which means supply chain changes and consolidation for frac sand. Lots of moving parts. Stay up to speed and join us at the 9th Annual Frac Sand Supply & Logistics Conference in San Antonio on November 17 & 18. Check out the strong agenda and speaker line up HERE! We look forward to seeing you there!
And now, the news…
Infill Thinking conversations with multiple industry sources this week have uncovered meaningful change occurring in supply chain management at the largest pressure pumper...
One of Rigzone’s regular market-watchers contends that oilfield services will likely garner more attention within the realm of M&A. Read on for his reasoning, along with additional views on what to watch this week in the oil and gas markets...
Cenovus Energy has agreed to buy rival Husky Energy in an all-stock deal valued at C$3.8 billion ($2.9 billion) to create Canada's No. 3 oil and gas producer, as a pandemic-driven collapse in demand forces the industry to consolidate...
Contango Oil and Gas Co. plans to acquire Mid-Con Energy Partners in an all-stock deal valued at $154.8 million including debt...
As anticipated, ConocoPhillips COP -0.4% announced Monday morning that it has agreed to a deal to acquire big independent Permian Basin producer Concho Resources in an all-stock transaction valued at $9.7 billion...
In addition to the in-depth updates published so far during this week in the frac life, these quick hits also crossed the Infill Thinking desk and are worthy of a mention…
The Petroleum Connection is pleased to open up to anyone in the industry the option to participate in our informal Golf Outing, being held at the close of the 9th Annual Frac Sand Supply & Logistics Conference. The conference will adjourn at noon on Wednesday, November 18. The Golf Outing will have a shotgun start at 2pm that same afternoon.
There are signs of recovery in the US fracking market, after the 2020 crash, according to Halliburton...
The U.S. rig count rose slightly this past week, the sixth-straight gain, in another sign of the industry's growing stability...
U.S. oil producers are betting that crude prices will stay low well into next year, hedging some of their production at around $40 a barrel in 2021...
Oil clawed back some losses in New York as Tropical Storm Zeta shut down production in the Gulf of Mexico...
Patterson-UTI hosted their earnings call and provided an update on the state of the frac business. Here are the key market datapoints...
The EPA announced Thursday that a decree outlining part of the cleanup of the Anaconda Smelter Superfund site has been lodged in federal court. The proppant plant effort has so far been stymied by an inability to secure...
The Duvernay Project, which resides under the Corporation’s wholly-owned subsidiary, AMI Silica Inc., is making meaningful progress with FEED, on what aims to be one of the greenest sand processing operations in North America...
Haynesville operating activity and workforce have edged ahead of the Eagle Ford...
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...
(ARTICLE IN SPANISH) In times of low investment and a hard-hit labor market, the fate of a $100 million investment and a hundred direct jobs has always been and will be a coveted prey...
Oil field services giants trimmed massive losses in the third quarter as the oil industry begins to stabilize and the deep cost-cutting of recent months proves beneficial to bottom lines...
North Dakota officials say there isn’t enough time left to clean up every abandoned oil field well site they had intended to this year using federal coronavirus aid, so they want to repurpose $16 million and put it toward grants for fracking...
Railcar lessor and rail product manufacturer Trinity Industries TRN 0.71% will focus exclusively on servicing the rail industry as the company seeks to shore up its financial well-being. The change comes as the...
Chevron Corp. has opted to postpone six hydraulic fracturing jobs in the Lost Hills area rather than have state regulators perform an environmental assessment the company would prefer be done as part of a blanket review by Kern County...
Fracking has become public enemy No. 1 in Democrat circles. It continues to be characterized as a “dangerous, new extraction technology...”
The second and final debate between President Donald Trump and former Vice President Joe Biden on Thursday, October 22 covered several concerns of interest to the American public. One of the most important issues discussed...
Even if Biden wanted to, he couldn’t unilaterally ban fracking on private lands. Under a 2005 law, the Environmental Protection Agency has almost no regulatory power over fracking. Changing that would require an act of Congress...
Former New York City Mayor and one-time presidential hopeful Mike Bloomberg is spending $2.6 million to try to help a Democrat capture a seat on the state board overseeing the oil and gas industry...
Short interview on frac sand in general...
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.
Send us your press releases and any other news articles which you believe would be of interest to our readers. Email submissions to [email protected]
Phone: 214-984-1615 | 33800 Tyler Road, Walkerton, IN 46574
Event Registration – $25