Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #420 | April 26, 2023
Highlights this week:
- Lots of great feedback after the 8th Annual Frac Sand Update shaping up to a really strong November Conference
- Shift in major pressure pumper’s fleet strategy
- Mixed bag of optimism and pessimism on NA shale
And now, the news…
This Week's News
Talking Trends In Frac And Sand At The Petroleum Connection’s Houston Conference
Infill's follow-up with a few notes about last Friday.
Frac Sand Industry Update Valuable
The 8th Annual Frac Sand Industry Update held by The Petroleum Connection Friday, April 21st in Houston had an excellent attendance and exchange of industry trends.
Halliburton Newbuild Strategy Pivots To Replacement From Expansion. Also Mobilizing Multiple Gas Fleets
Updates on e-fleet newbuilds, frac pricing trends, and more.
Guest Post: Invitation to the 2023 American Institute of Professional Geologists (AIPG) Conference
Deadline to submit a technical presentation abstract is May 1st.
Frac Market Takeaways From Liberty’s Conference Call
Particularly interesting points about Liberty's pricing strategy reflecting notes we heard from companies last Friday reflecting the importance of long-term relationships.
Post-Update LinkedIn Buzz
Snapshot of some of the buzz following last week’s 8th Annual Frac Sand Update!
Permian in spotlight as energy dealmaking gathers steam
Companies with a focus on the oil-rich Permian basin are likely to be at the center of the next wave of consolidation in the U.S. energy sector as favorable oil prices prompt cash-rich drillers to tap into the largest source of shale oil.
Fracking does not threaten water supplies
Physicians have no hard evidence of contamination, but use the word “could” ad nauseum through the article.
Q&A Undertones Are Shifting On Oilfield Earnings Call
Something we are watching closely this earnings season in light of recent field checks and the nat gas crash is the tone on OFS and E&P earnings calls around service market stability and price structure.
Wall Street Is Finally Going to Make Money Off the Permian
The go-slow is a business reality. Over the last decade, the US shale industry had become a byword for capital destruction.
North American Natural Gas Markets Well Supplied with Production on Both Sides of Border – Mexico Spotlight
North American natural gas prices rallied slightly on colder April weather this week but still stayed close to $2.000/MMBtu.
Land Driller Warns Of A Steeper Rig Count Decline Than Consensus Expectations For 2Q23
Press release out yesterday evening already spooked the market as their rig count guidance was weaker than many expected.
Unusual Call Option Trade in Smart Sand Worth $4.93K
Unusually large $4.93K block of Call contracts in Smart Sand was sold, with a strike price of $2.50/share, expiring in 92 days.
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