Nick Cook, Editor
Issue #331 | July 14, 2021
A lot more frac sand news than we have seen in the past couple of weeks. I found the Infill Thinking “Notes from the Road” particularly interesting.
Interest continues to build for the 10th Annual Frac Sand Supply & Logistics Conference! New sponsors are signing up every week. Our Golf Sponsorships have sold out! We really excited to bring the industry back together to the first major conference since COVID. We had 175 attendees in the middle of the pandemic (“We few, we happy few!”) and we’re looking forward to seeing two or three times that number at the Gaylord Texan in September! Reserve your spot and your sleeping room today!
And now, the news…
Source Energy Services announced that it has entered into a new contract with Pipestone Energy and has extended and expanded its relationship with a major Montney Producer. These contracts include proppant supply, as well as logistics and well site services.
Here is some of what Infill Thinking learned from their time in-field, including the fridge status update at the very end of the post. They’ll share more in-depth updates from some of their stops and photos next week.
Oil exploration and production companies inked more than 40 deals worth $33 billion during the second quarter, the largest three-month dollar figure since the second quarter of 2019.
Private E&Ps are going after tight oil development with guns blazing – taking advantage of improving well return profiles on the combination of higher than expected oil prices, low OFS utilization in multiple product / service categories, and historically low horizontal well costs.
Over the past two years, Chevron has cut back their rig and frac fleet in a major way – each has been reduced by about 75%.
The Biden administration is preparing to release a blueprint for limiting sales of U.S. drilling rights that falls short of the outright ban sought by some environmentalists, as rising oil and gasoline prices highlight the risks of curtailing domestic crude production.
Inspired by their trip to the Permian Basin last week, Infill Thinking dug into the region’s county-by-county rig count trends for this week’s drilling update.
With 2Q21 in the books, we are pausing to look back at the most read Infill Thinking research updates of the quarter.
In 2020, CP hauled shipments of grain (24% of freight revenue), intermodal containers (21%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (4%), and a diverse mix of other merchandise.
Athabasca Minerals is an integrated group of companies capable of full life-cycle development and supply of aggregates and industrial minerals.
Perpetual Resources' Executive Chairman Julian Babarczy joins ausbiz to discuss its recent acquisition of the Arrowsmith West project in Western Australia. He says the project is prospective for high grade silica sand.
California's top oil regulator, acting ahead of a proposed statewide ban on fracking, this week denied a series of applications to use the controversial oilfield technique in western Kern.
An engineering professor at the University of Northern British Columbia has received a federal research grant to study the efficiency and safety of shale gas and geothermal energy extraction.
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.
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
- separate golfer registration required
- Evening open for client dinners
- by Invitation Only
• 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
Event Registration – $25