Nick Cook, Editor
Issue #418 | April 12, 2023
Next Friday is frac sand’s biggest Spring networking and educational event (The Update). Leading up to it, we’re seeing the M&A conversations in NA shale overall increase as a result of the Exxon rumors.
Time to dig into your Wednesday morning source of frac sand’s latest and greatest.
And now, the news…
Since 2018/2019 there have been rumors off and on about local frac sand mines in the Colorado DJ Basin.
Rumors of a potential buyout of big Permian Basin producer Pioneer Natural Resources by ExxonMobil have circulated periodically for years now, long before Pioneer made the decision to become a so-called “pure play” company focused solely on the most prolific oil and gas region in the U.S.
Drillers are flush with cash, and their concerns about inventories and high costs are seen leading to deals.
Although Permian gets most of the damp sand attention, here's look at the latest wet vs. dry sand trends in the Haynesville.
Siren Energy is an integrated natural gas compression and CNG delivery business focused on the Permian Basin.
Even given the trends in frac fleets, this one comes as a surprise.
The Sand Agreement provides a minimum commitment of 20,000 U.S. tons per month of 40/70 frac sand with the option for the customer to purchase additional volumes.
Whether rig count is down or up depends more and more on who you ask these days.
Possible Pioneer Natural Resources deal is a sign of the times, good and bad, for big oil
While Encino’s offer was rejected, it’s likely a foreshadowing of more to come after a new state law effectively forced opened the door for companies seeking to drill under Ohio’s state parks, some of which sit on Marcellus and Utica shale formations.
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Phone: 214-984-1615 | 33800 Tyler Road, Walkerton, IN 46574
• Nick Cook, Petroleum Connection
• Tim McMahon, UT Bureau of Economic Geology
• Ryan Hassler, Rystad Energy
• Joseph Triepke, Infill Thinking
• Hayden Gillespie, Black Mountain Sand
• Marcus Morton, Cyber Square
• Adam Katz, Badger Mining Corp.
• Brian McConn, Atlas Energy
• Pete Cook, Petroleum Connection [M]
• Kevin Fisher, PropX
• Bob Carter, IAC
• Chris Cloud, Saber Asset Group
• Ryan Zorn, Liberty Energy
• Sam Reynolds, Marathon Oil [M]
• Aric Christman, Encino Energy
• Charlie Crisp, Crisp Supply Chain Solutions
• Jose Sagaseta, Vorto [M]
• Matt Martinez, Texas Chrome Transport
• Sergio Sabatini, OmniTRAX
• Isaiah Martinez, WTS Energy Group
• Rick Pattillo, Lobo Logistics
• Nick Cook, Petroleum Connection
• Kirby Wilkerson, KBW Partners [M]
• Dane Walker, Wall Street Sand Company
• Dr. Anthony Konya, Konya Mining Company
• Jim Otteman, Imperium Enterprises
• William Hitters, CEO, Luxmath Consulting
• Alex Meleshko, LIUM Research [M]
• Matt Oehler, PropX
• Anna Omsberg, SandPile
• Steve Brock, Nomad Proppants
• Nick Cook, Petroleum Connection [M]
• Chris Samanns, Signal Peak Silica
• Dave Frattaroli, High Roller Sand
Event Registration – $25