Frac Sand Weekly News Digest

Nick Cook, Editor

Issue #322 | May 5, 2021

There is an abundance of positive news for the industry this week!  Please take the time to read through this week’s news digest.  Please also take our frac sand survey.  It is only one question and we’d love your input.

The Permian Road Safety Coalition has opened up registration for their Sand Task Force Road Safety Forum.  Please note the new date for the event is May 12 and it will be held in Monahans, Texas.

For those whose businesses overlap into the oilfield water space, The Petroleum Connection is proud to be a part of what will almost certainly be the largest oilfield water event since 2019.  Consider joining us at the Oilfield Water Markets 2021 Conference, being held in Frisco, Texas next week (May 12 & 13).  I hope to see you there!

And now, the news…

This Week's News

U.S. Silica’s Market Outlook

U.S. Silica provided their 1Q21 results and rest of year outlook. Here is a digestible bullet point summary of the key market intel they shared…

U.S. Silica Announces Release of 2020 Corporate Responsibility Report

The report provides a look at how U.S. Silica is operating to make positive impacts both in its internal community and on the communities in which it operates, and contributing to sustainable products used around the world.

The Big Reveal On The 2nd Mobile-Mini Deployment In The Permian Basin…

Three weeks ago Infill Thinking wrote that a second Oncore Processing unit had started producing damp sand in the Permian. Now we know the rest of the story….

Fun Stuff to Do at the Frac Sand Supply & Logistics Conference

Last week we asked readers to give us some feedback on potential extracurricular activities which could be held at the 10th Annual Frac Sand Supply & Logistics Conference. Here are the results.

IAC Dryer - Cooler

Where’d All The Analysts Go? Follow The Money!

Great research by Infill Thinking on the drop in the number of analysts covering the frac sand (and other) markets.

“Frac Lessons Learned” Webinar on the Frac Sand Forecast for 2021 and 2011

Richard Spears is hosted by NSI Technologies to discuss frac sand.

Amerisource Closes $17MM Credit Facility for Industrial Sand and Construction Aggregate Firm

Amerisource Business Capital closed and funded a $17,000,000 senior credit facility for an Iowa-based sand and construction aggregate firm. The proceeds were used to continue the expansion of their business lines and support their ongoing working capital needs.

Aggressive Recruitment: 5F Triples Bonus For Sand Hauler Owner/Operators

Aggressive recruitment from new entrants in the frac supply chain can signal shifts in the competitive landscape and rate/cost structures. Drivers are a hot commodity and in short supply.

Ovintiv Moves to Streamline Costs, Debt by Focusing on Anadarko, Montney and Permian and Sand

Denver-based Ovintiv Inc. streamlined the business during 1Q2021 to focus only on the Anadarko, Montney and Permian basins as it eyes slashing debt to appease restless investors.

10th Annual Frac Sand Supply & Logistics Conference

Oil Reaches Seven-Week High as Traders Bet on Improving Demand

Oil climbed toward $66 a barrel on optimism that the resumption of economic activity in the U.S. and Europe will underpin demand.

Frac Sand News Digest Survey of the Week

With so many of our conference attendees being repeat attendees, we thought it might be interesting to start a membership program which gave participants passes to our frac sand events, as well as on-going benefits to facilitate networking and information exchanges. This week’s survey is to determine if there would be much interest for such a program,

7 Market Datapoints That Stand Out From Last Week’s Pressure Pumping Earnings Flurry

Here are 7 key datapoints (from four leading pressure pumpers) with important read-through to the broader frac market…

Halliburton, Baker Hughes 'Cautiously Optimistic' about Pandemic Recovery

Oil field services giants Baker Hughes and Halliburton said they are “cautiously optimistic” that the industry is recovering from the worst oil bust in decades caused by the global pandemic.

US Economic Momentum Could Lift Oil Prices

Strengthening demand from the world’s major economies, notably the United States, could help drive the price of oil higher this week, analysts said.

Advertiser Space Available

ConocoPhillips Returns to Profitability, Plans to Cut $5 Billion of Debt in 5 Years

ConocoPhillips posted its first profitable quarter since the global pandemic broke out last year, a further sign of the industry’s recovery from the worst oil bust in decades.

Rising Air Travel Starts to Lift Jet Fuel Demand

The growing number of commercial airline travelers is starting to lift jet fuel demand ahead of the peak summer travel season, according to a report from the Energy Department.

Grad Student Writes about her Internship at Texas Specialty Sands

She touches on her experience as a Data Analyst Intern.

Video from a Frac Site in Turkey

Nothing particularly newsworthy here, just thought people might like to see the video.

UK: HSE responds to MPs on silica dust at fracking site

The UK’s health and safety watchdog has accepted it did not inspect the management of silica sand at Cuadrilla’s fracking site near Blackpool.

Frac Sand Weekly News Digest logo

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.

[mailpoet_form id=”1″]

Share Your News

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]

Advertising

Do you offer goods or services focused on the frac sand supply chain? Advertise in the Frac Sand Weekly News Digest.

AGENDA - NOV 18

  • Frac Sand Equipment Expo Begins 9:00 am
  • Shuttle Service from Hyatt to Expo 4:00 pm
  • Welcome Reception at the Expo 6:00 pm

AGENDA - NOV 19

AGENDA - NOV 20

SPONSOR ADD-ONS

  • Frac Sand Equipment Expo 20'x40' Space $3,500
  • VIP Dinner on November 19th $7,500
  • Coffee Mugs SOLD
  • Notebook SOLD
  • Speaker/Sponsor Reception on November 18th SOLD
  • Conference Mobile App $3,000
  • Day 1 Kick-Off SOLD
  • Day 2 Kick-Off $3,000
  • Lanyard SOLD
  • Networking Lunch on November 19th SOLD
  • Networking Reception Glasses SOLD
  • Day 1 Morning Break (Video ad) SOLD
  • Day 1 Afternoon Break (Video ad) $2,500
  • Day 2 Morning Break (Video ad) $2,500
  • Day 2 Afternoon Break (Video ad) $2,500
  • Case Study 1 $2,500
  • Case Study 2 $2,500
  • Charging Station $2,500
  • Printed Program SOLD
  • Conference Wifi SOLD
  • Golf: Water Bottles SOLD
  • Golf: Hosted Hole (Beverage Station & Contest) $3,700
  • Golf: Hats $3,500
  • Golf: Cigars $3,200
  • Golf: Divot Tools $3,200
  • Golf: Balls $3,200
  • Golf: Towels $3,200

The Frac Sand
Summer Happy Hour

Event Registration – $25