Nick Cook, Editor
Issue #381 | July 13, 2022
Mobile mines are a big part of this week’s digest. Nomad Proppants making a big splash while Hi-Crush continuing to grow their in-field presence even more.
Lots of frac sand news this week with the big number touted in the news: Texas sand prices up 150% since the start of the year. After such a high price jump, how can you afford to miss making connections at our upcoming events?
And now, the news…
A report from in-field sand mines: Nomad Proppants.
The Petroleum Connection regularly connects sellers of frac sand assets with buyers.
Frack sand, which gets blasted through shale rocks to unlock oil and natural gas, is averaging $55 a ton, up from $22 at the end of 2021.
A report from in-field sand mines: Hi-Crush.
Smart Sands expect sales volumes to increase 25%+ QOQ.
Demand is climbing as oil explorers turn the taps back on after Covid-driven cutbacks.
Could a frac sand greenfield project stalled by financial distress in the last cycle finally come full circle and serve the SCOOP/STACK frac market?
Latest figures will likely sharpen focus on the cartel’s struggles to raise its output ahead of Biden’s Middle East visit.
Macro fluctuation continues to dominate the thematic discussion in 2022, whipsawing the oilfield outlook as it goes.
Amid war in Ukraine, Europe’s search for gas drives up prices and siphons liquefied natural gas supply from Asia and elsewhere.
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