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Nick Cook, Editor
Issue #356 | January 19, 2022
We are excited. The Frac Sand Update agenda is released, and frac sand is in demand.
See the first look at next month’s 7th Annual Frac Sand Industry Update agenda. Some heavy hitters including hearing from operators and E&Ps, our new sand mines panel, and an interview with Liberty and PropX. There will of course be ample time for networking as well. The agenda is still being finalized and we will be making more changes in the next week or so as we finalize topics and speakers, so stay tuned!
And now, the news…
We have a lot to catch up on: sand supply & demand, new mines, wet sand, simul-fracs, M&A, trucking, etc.
It’s not just trucks presenting a cost problem for E&Ps to start the year; mine-gate frac sand pricing is in a state-of-upwards-flux too.
As oil prices have surged past $80 a barrel, U.S oil and gas producers are paving the way for faster production by expanding new well completions in the Permian Basin of west Texas and New Mexico, the country's top shale oil field, according to research data.
Charts tracking the growth of mine hours and number of facility employees by quarter since 4Q17.
Next month in Houston, we are going to sit down for an interview with Ron Gusek, president of Liberty, and Kevin Fisher, president of PropX, to hear about M&A and to hear about what they are excited about in Liberty’s future.
LinkedIn post: someone looking to buy 3-5 used sand box style trailers.
Last week’s rig counts broken down by basin, and E&Ps surveyed about whether more growth will happen in Delaware or Midland.
Evolution Well Services announces the completion of over 40,000 frac stages, achieving a new milestone in the electric fracturing industry.
Frackers need to find a new home for wastewater as the state acts to stem rising seismic activity, adding to drillers’ costs.
WTI is flirting with $85/bbl this morning. It’s a great time to be an E&P right? Not so fast my friend.
Perth-based Calima Energy is setting itself up for a busy February after completing the drilling of the final Pisces well within budget at its Brooks project in Alberta, Canada.
Europe gets almost one-third of its natural gas from Russia, limiting its ability to penalize Moscow.
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