Nick Cook, Editor
Issue #401 | December 7, 2022
Big M&A frac sand deal announced and updates on Permian traffic and e-fleets. Grab your coffee and start your day with a look at what’s happening in the frac sand world.
And now, the news…
"There are a bunch of underlying causes, but frac sand is so expensive now," said Matt Hagerty, a senior analyst for FactSet's BTU Analytics.
The wait is over to see who one of ProFrac’s M&A targets is.
ProFrac Holding Corp announced that it has entered into a definitive agreement to acquire the Eagle Ford sand mining operations of Monarch Silica.
A massive highway improvement project in the Permian could create times of havoc for oilfield traffic over the next several years, potentially resulting in downtime, decreased efficiency, and higher well costs.
The contracted equipment will be deployed primarily to support simul-frac operations and will initially utilize Tier IV DGB dual-fuel equipment, and transition to an e-fleet upon delivery, which is expected in the third quarter of 2023.
Although E&P management teams continue to spike the football about their capital discipline on earnings calls, capital budget and spending data tell a different story in shale.
We discuss how aggressively Publics acquired Privates in shale E&P this year.
The world’s tiny fleet of floating storage and regasification vessels is suddenly in high demand as the EU rushes to import more LNG
Four unrelated quick hits of interest in shale today are summarized below.
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