Nick Cook, Editor
Issue #309 | February 3, 2021
If “no news is good news”, then frac sand had a very good week! That said, keep an eye out for a couple of big announcements we will releasing over the next week or so. Have a great rest of the week!
And now, the news…
Aside from wet sand, innovation and investment in frac sand’s last mile has slowed down significantly over the past 12-24 months. The last wellsite storage system demo we can recall was Catapult’s Permian debut back in the summer of 2019.
B. Riley Financial is pleased to announce it was named Middle Market Turnaround Consulting Firm of the Year for its outstanding leadership in restructuring.
Bennett Resources, owned by Texan company Black Mountain, wants its Valhalla gas prospect in the Kimberley to eventually supply the export market, or the energy-hungry east coast market, potentially via the $5 billion east-west pipeline long-mooted yet still unsupported by governments.
A late-December break-in at a frac sand plant near New Auburn has resulted in a felony burglary charge against a rural Cameron man, according to a complaint filed Friday, Jan. 22, 2021, in Barron County Circuit Court.
Lium data reveals that 185 U.S. frac fleets are now active up from 95 at the bottom last May. Q1’21 fleet counts are tracking slightly ahead of our base case forecast from December as the industry crews up faster than expected to start the year.
The Delaware basin has around 45,000 oil and gas wells down in the southeast part of New Mexico - near the towns called Carlsbad and Artesia and not far from Carlsbad Caverns. A map of oil and gas wells drilled and fracked in the past few years makes an impressive sight.
In map, Infill Thinking has plotted past-30 day Federal Land permitting data by operator, revealing specifically where E&Ps intend to drill on Federal Land. The map also provides a sense of exposure and critical mass in these areas for each company (each operator is color coded).
Exxon’s Darren Woods, Chevron’s Mike Wirth spoke last year about combining their companies in what could be among the largest corporate mergers ever.
While this is not really news, we have not run across very many frac sand sellers from international markets, so we thought we would include this.
By turning bottles to glass installations, and sand for construction, beverage companies like Johnnie Walker and Sepoy & Co are trying not to add to our piling landfills.
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Phone: 214-984-1615 | 33800 Tyler Road, Walkerton, IN 46574
• Nick Cook, Petroleum Connection
• Tim McMahon, UT Bureau of Economic Geology
• Ryan Hassler, Rystad Energy
• Joseph Triepke, Infill Thinking
• Hayden Gillespie, Black Mountain Sand
• Marcus Morton, Cyber Square
• Adam Katz, Badger Mining Corp.
• Brian McConn, Atlas Energy
• Pete Cook, Petroleum Connection [M]
• Kevin Fisher, PropX
• Bob Carter, IAC
• Chris Cloud, Saber Asset Group
• Ryan Zorn, Liberty Energy
• Sam Reynolds, Marathon Oil [M]
• Aric Christman, Encino Energy
• Charlie Crisp, Crisp Supply Chain Solutions
• Jose Sagaseta, Vorto [M]
• Matt Martinez, Texas Chrome Transport
• Sergio Sabatini, OmniTRAX
• Isaiah Martinez, WTS Energy Group
• Rick Pattillo, Lobo Logistics
• Nick Cook, Petroleum Connection
• Kirby Wilkerson, KBW Partners [M]
• Dane Walker, Wall Street Sand Company
• Dr. Anthony Konya, Konya Mining Company
• Jim Otteman, Imperium Enterprises
• William Hitters, CEO, Luxmath Consulting
• Alex Meleshko, LIUM Research [M]
• Matt Oehler, PropX
• Anna Omsberg, SandPile
• Steve Brock, Nomad Proppants
• Nick Cook, Petroleum Connection [M]
• Chris Samanns, Signal Peak Silica
• Dave Frattaroli, High Roller Sand
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