Nick Cook, Editor
Issue #374 | May 25, 2022
Let’s get together this summer! Because November feels too long to go without getting the industry together, we’ve decided we’re going to have a get-together this summer at a craft brewery (or something like that). Check out our survey to see which city makes the most sense to host (Houston holds a thin lead over Austin right now)
In the frac sand world though, it’s a fairly light week as most folks are nose-to-the-grindstone finding ways to sell/buy more sand.
And now, the news…
It's time to take an afternoon to get together, chat, and grab a cold beverage!
Frac sand is an anchor commodity of the terminal, and we expect to move significant tonnage through Tunkhannock.
What to expect in rig count and DUCs going forward?
Graph on how the permeability of different shale plays changes the effectiveness of proppant density.
Kremlin decree demanding payment in rubles stirred concerns that Europe’s natural-gas importers risked breaching European Union sanctions.
Shale oil producers in the US and Canada are likely to stick to their slow growth plans this year because they lack the sand, steel, drilling rigs, and pressure-pumping capacity required to grow faster.
7 key themes tested in conversations with industry contacts about the tight oil industry right now.
Shortages of raw materials such as frac sand and, earlier this year, steel piping for wells, are one reason for the production cost inflation, not just in the shale patch but everywhere where these raw materials are used in oil fields.
Production costs in the shale patch are up by as much as 20 percent, driven by things like diesel prices, frac sand prices, and a shortage of workers and drilling equipment.
A San Antonio-area man has pleaded guilty to accepting $432,000 in unearned payroll funds as part of a scam against trucking company Texas Chrome Transport Inc.
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