Nick Cook, Editor
Issue #404 | January 4, 2023
Acquisition valued at nearly half a billion dollars for frac sand company takes the lead story in this week’s digest. Other stories discuss a way to buy or sell your frac sand assets, highlighting frac sand logistics firm, and the direction of supermajor operators.
Looking forward to another exciting 2023 with everyone. Pour that coffee, and let’s dig in.
And now, the news…
ProFrac absorbs major frac sand company...
“If we'd waited a week, we’d have never pulled the trigger,” said Lambert Arceneax, the CEO of Filamar. Nearly three years later, though, he says it was “probably the best thing that we’ve done.”
If you’re interested in listing what you’re selling or what you’d like to buy on the asset marketplace, reach out.
Projections about the next moves for one of frac sand's biggest buyers right now.
Performance Proppants is the largest in-basin proppant producer serving the Haynesville with a nameplate
capacity of approximately 10.4 million tons per year.
2022 was a busy year and a good year in shale all around. E&Ps and OFS verticals in most basins enjoyed growth.
REV, Monarch, and Performance Proppants...
An increasingly small percentage of oil and natural gas wells is supplying the majority of U.S. production, according to a new report from the Energy Information Administration (EIA) based on Enverus data.
Focused on 1H22, the predictions ended up being relevant for most of the year.
Their focus on the Western Hemisphere is expected to continue for years as they give priority to growing shareholder returns and cut costly frontier drilling projects.
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