Nick Cook, Editor
Issue #397 | November 2, 2022
Frac sand industry is buzzing in the final week’s before the industry’s biggest conference!
ProFrac’s looking to buy (maybe even a big buy?), mobile mines are making big headlines, major analysts say oil demand is not at its peak, and more!
We are two weeks away, so do not wait to register for the 11th annual frac sand conference and check out the agenda!
And now, the news…
As M&A rumors swirl, recent disclosures to the SEC offer some interesting clues about future announcements.
Mobile mines get more attention outside of just frac sand insiders.
Putting the article above ^^^ in perspective...
Global demand for fossil fuels could peak starting later this decade, according to a prominent energy forecaster, as part of a faster than expected shift that the agency said has been hastened by the energy crisis stemming from Russia’s invasion of Ukraine.
US Silica provided their 3Q22 results and call this morning – another solid beat from frac sand.
OPEC called for trillions of dollars worth of investments in the oil industry over the next two decades to meet what it expects to be booming demand for fossil fuels stretching far into the middle of the century.
Heading into 2023, major operator is looking to shift to more e-fleets and is looking to offload 6 dedicated fleets.
“Sustainable efficiencies such as improved completion procedures, simultaneous and remote fracturing operations and 100% implementation of dual-fuel fracturing fleets constitute primary drivers against cost inflation by reducing days spent on wells and eliminating the need for certain materials such as diesel fuel.”- CEO Joseph Foran
One of the latest innovations within the innovation of damp sand.
Did someone say new last mile system?
Head of one oil and natural gas industry trade group says raising taxes would discourage investment in new production
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