Nick Cook, Editor
Issue #340 | September 15, 2021
TODAY IS THE DAY! There is still time to register for the 10th Annual Frac Sand Supply & Logistics Conference. This afternoon we will have an Introduction to Simulfracs, Frac Sand Asset Showcase, and PRSC Road Safety Forum. Also, there is a reception this evening for all registered attendees.
Lots of news this week, especially with the price of natural gas continuing to skyrocket, oil supply affected by Ida, Canadian growth, and more. How will these growing prices affect the frac sand landscape? Join us this week to find out more.
And now, the news…
Our friends at Infill Thinking give a preview about what they will cover in their panel for this week’s conference.
Year-to-date, natural gas prices are up 93% while key gas basin rig count is only up 9%.
Natural gas and electricity markets were already surging in Europe when a fresh catalyst emerged: The wind in the stormy North Sea stopped blowing.
Our industry contacts in the Haynesville seem to be a bit more optimistic about 2022 activity growth than in the Marcellus, but with gas trending towards $5.50 this week we see decent upside for both these plays next year.
The impact of Hurricane Ida and other oil supply outages will take a sizable chunk out of global oil production this year, the International Energy Agency said Tuesday.
After taking a huge hit in the 2020 downturn, the MidCon D&C market has climbed slowly, steadily and quietly.
A new project explores the possibility of using silica sand over and over to trap thermal energy and release it to utilities when needed.
“If Wressle is only half as good as we anticipate, then we will be hearing much more about this development for many years to come,” David Brahmill said.
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