Frac Sand Weekly News Digest

Nick Cook, Editor

Issue #373 | May 18, 2022

New sand mines are starting to come online. Many interesting reads throughout the frac sand world this week: mines, trucking, E&Ps, and more!

 

Pour the coffee, and dig in.

 

And now, the news…

This Week's News

New sand company breaks ground at Caddo-Bossier port

Sunny Point Aggregates anticipates the project will generate 3 million tons of frac sand a year.

Follow Up: Who Is Looking At Developing Frac Sand In SE NM? We Found Out!

Continued investigation into sand mines coming to southeastern New Mexico.

Big Investors Reconsider Oil and Gas Upside as Supplies Remain Tight

Now some investors are coming back as energy emerges as the stock market’s best performer—the S&P 500 Energy Sector Index is up 40% so far in 2022—and projections that the world might face shortages in the years ahead suggest continued near-term upside for those willing to bet on fossil-fuel producers.

Ovintiv Pursuing Natural Gas Price ‘Diversification,’ Citing Strong Market Fundamentals

Ovintiv’s management team highlighted efficiency gains achieved by drilling longer lateral footage per well, and by increased usage of the simultaneous fracturing, aka simul-frac, completions technique.

E&P Frac Fleet Counts, Operator-By-Operator

With earnings season in the books, Infill rounded up the latest remarks from E&Ps on their frac fleets in this article.

Truckers mostly filling up on profits in ‘feast or famine’ oilfield trucking niche, through typical market uncertainty

Small fleet owner Frank Bowman, whose four trucks haul frac sand leased to One More Load Trucking, summed up oilfield work as being like a roller coaster.

Smart Sand’s Proppant Market Outlook

In this update, you’ll find key takeaways from the company’s earnings call that are relevant to the broader frac supply chain marketplace.

Smart Sand, Inc. (SND) Q1 2022 Earnings Call Transcript

"As we have said many times in the past, we believe that bulk commodities belong on rail and the sustainable logistics must include terminals close to our customers' drilling activity."- CEO Chuck Young

Vaca Muerta Shale Driving Natural Gas Production Surge for Argentina’s YPF

U.S. onshore producers may be limiting annual production growth to 5% or less, but don’t tell that to Argentina’s 51% state-owned YPF SA.

IEA: Lower Demand Changes Everything For Oil Markets

EIA's earlier forecast is now seen lower in terms of growth than previously expected because of raw material and equipment inflation, in part driven by shortages of everything from workers to frac sand.

How to jumpstart a career trucking in oilfield services

Many of the bigger oil companies -- Shell, BP, Chevron, etc. -- have a vendors list that a carrier has to be on to be able to haul for them. To get on the list, a carrier has to be referred by an engineer.

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