Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #416 | March 29, 2023
Stability is never the name of the game in our industry. As the price of oil and gas has dropped in the past six months and reports of new sand mines coming online, it’s essential to stay up-to-date and ahead of the curve. In Houston on April 21st, we’ll be hosting the 8th Annual Frac Sand Market Update. Join us not only for the latest forecasts, but also for networking with leaders throughout our industry to secure sand contracts, find more logistics options, and asset suppliers to help with upgrades/expansions. Read more here: 8th Annual Frac Sand Industry Update – Petroleum Connection
And now, the news…
This Week's News
Meet The Newest Name In The Local Frac Sand Game – More Midland Mini Mine Damp Sand Capacity Arrives
A look at the newest player in the frac sand market.
Stanford study finds wastewater disposal from oil production triggered major earthquake in Canada
The problems that've been discussed in the Permian are now coming to a head in Canada.
Oil and OCTG continue to grow, though hampered by labor pressures
Demand for line pipe and other oil, gas products has made things very interesting for service centers.
Regional Frac Sand Mine Is Running A Sales Process
Texas regional frac sand plant that is currently being marketed for sale; learn more here.
Crash in western ND leaves two injured
North Dakota Patrol says a 35-year old female driving a semi loaded with frac sand was attempting to turn around.
Baker Hughes US Land Rig Count Remains Stubbornly High
Despite price drops for both oil and gas, rig counts are remaining high, but for how long?
Big Oil Eyes New Deals in North Africa Amid Rising Energy Demand
Halliburton and Honeywell in advanced talks to develop oil fields and refineries in Libya; Eni importing more oil and gas from Algeria.
A Look At E&P Breakevens Given Oil Price Volatility & Talk About Inventory Preservation
We discuss how aggressively E&Ps will be as it pertains to developing their tight oil inventory in this piece.
Byers Family Foundation forms in Tyler
Some proceeds from sale of Performance directed towards bettering the community.
Insurer Chubb Demands Energy Producers Cut Methane Emissions for Coverage
Global insurer Chubb Ltd. is tightening its requirements on insurance policies for oil-and- gas producers, demanding that they reduce emissions of methane, a potent greenhouse gas.
March Madness – Frac Stocks Getting Crushed This Month
Not looking good for O&G publics...
Hi-Crush deploys OnCore mobile sand mining unit for Pioneer
Pioneer Natural Resources is turning to Hi-Crush a second time to provide frac sand for its completions activity in the Midland Basin.
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