Frac Sand Weekly News Digest
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…
This Week's News
Making Pneumatics Great Again? New Last Mile Equipment Demos In Texas…
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.
Firm Wins Energy Services Restructuring of the Year (Mid-Market) Award for Frac Sand Deal
B. Riley Financial is pleased to announce it was named Middle Market Turnaround Consulting Firm of the Year for its outstanding leadership in restructuring.
US-owned resource company Goes for Green Light to Frack Australia’s North-West
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.
Man Charged for Sand Plant Burglary
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.
Fleet Count in Sight of 200
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.
What Makes The Permian Basin’s New Mexico Portion Such A Success?
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.
Mapping Recent Federal Land Drilling Permits By E&P
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, Chevron Discussed Possible Merger in 2020
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.
Russian Firm Looking for Buyers of Its Proppant
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.
In the Spirit of Recycling: How Johnnie Walker and Sepoy & Co Turn Bottles to Glass Installations and Sand
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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