Frac Sand Weekly News Digest
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…
This Week's News
Analysis: Europe can't look to U.S. shale to fill any OPEC gap
"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.
Thoughts On ProFrac’s Latest Sand Mine Purchase Deal
The wait is over to see who one of ProFrac’s M&A targets is.
ProFrac Holding Corp. To Acquire Eagle Ford Sand Mine
ProFrac Holding Corp announced that it has entered into a definitive agreement to acquire the Eagle Ford sand mining operations of Monarch Silica.
Havoc Ahead – Permian Road Project Could Impede Oilfield Traffic For 5+ Years (Starting This Month) Before It Makes Things Better
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.
ProPetro’s First Electric Frac Fleet Contracted Under a Multi-Year Agreement With Leading Permian Operator
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.
Frac Sand’s BILLION Ton Decade
How much sand is moving these days? A lot – find context and timeline for shale consumption over a decade long view here…
So Much For Capital Discipline… E&Ps Repeatedly Hiked 2022 Budgets & Completed More Wells As Costs Soared
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.
Substitute For Organic Growth? Public E&Ps Ramped Up Their Capital Outlay Buying Private Shale E&Ps In 2022
We discuss how aggressively Publics acquired Privates in shale E&P this year.
The New Battleships in Europe’s Energy War Are in Short Supply
The world’s tiny fleet of floating storage and regasification vessels is suddenly in high demand as the EU rushes to import more LNG
Quick Thoughts On Eagle Ford Sand Fire, Endangered Species, H2O M&A, & e-Frac Newbuilds
Four unrelated quick hits of interest in shale today are summarized below.
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