Frac Sand Weekly News Digest
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…
This Week's News
DJ Basin Operators Finally Get Some Local Sand
Since 2018/2019 there have been rumors off and on about local frac sand mines in the Colorado DJ Basin.
ExxonMobil And Pioneer: A Match Made In Las Colinas
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.
Exxon Deal Hunt Signals Possible Shale M&A Wave
Drillers are flush with cash, and their concerns about inventories and high costs are seen leading to deals.
Haynesville Damp Sand Trends
Although Permian gets most of the damp sand attention, here's look at the latest wet vs. dry sand trends in the Haynesville.
Liberty Buys Permian-focused Siren, Launches New Alternative Fuel Unit
Siren Energy is an integrated natural gas compression and CNG delivery business focused on the Permian Basin.
Here’s Something We Are Are Not Used To Seeing In A Sold-Out Frac Market
Even given the trends in frac fleets, this one comes as a surprise.
Canada: Athabasca Minerals Announces Sand Supply Agreement and Strategic Transload Agreement
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.
An Interesting Bifurcation In 1Q23 Rig Count Trends
Whether rig count is down or up depends more and more on who you ask these days.
Exxon Mobil: Eyes on the Permian Prize
Possible Pioneer Natural Resources deal is a sign of the times, good and bad, for big oil
Texas driller offers Ohio ‘potential’ of nearly $2 billion to frack Salt Fork State Park
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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