Nick Cook, Editor
Issue #391 | September 21, 2022
M&A discussions are popping up. Frac sand rail lets out a big sigh as the labor crisis is averted. Another big theme this week is the forecasts ahead for shale output based on current market conditions. You can get some preliminary forecasts, or you can join us at the frac sand supply & logistics conference for a full in-depth presentation.
And now, the news…
Over the past two weeks, industry contacts are talking about several more potential deals rumored to possibly be announced before year-end.
Supply security for frac sand is paramount says CEO Darrin Henke.
The percentage of frac sand transportation that relies on railed sand is significant. How bad could it have been?
A Cameron man who broke into a frac sand plant near New Auburn and allegedly left a threatening note that can avoid a prison term if he complies with terms of probation.
For frac it would have been a big deal but for railroads, it could have been devastating.
The rig count in the Permian Basin dropped by 2 to 340 last week, as the number of total active drilling rigs in the United States dropped by 1, according to new data from Baker Hughes published on Friday.
While the U.S. economy is facing record inflation, supply-chain bottlenecks and fears of a slowdown, analysts say, it has emerged relatively strong from the pandemic as China continues to enforce Covid lockdowns and Europe is destabilized by war.
Private E&P performance has been incredibly strong this year given its ability to react to high oil and gas prices, and its outlook has major impact on the industry going forward.
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