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Nick Cook, Editor
Issue #421 | May 3, 2023
Highlights this week:
Of course, there’s much more as well. Don’t miss out on the latest and greatest in frac sand!
And now, the news…
NexTier’s CIG acquisition last year looks likely to be followed by another vertical integration acquisition in the supply chain.
US Silica provided their outlook and some big new disclosures last week.
US Silica's outlook is simultaneously damper but not dampened.
E&Ps have been quick to talk about service cost expectations this quarter.
To help improve road safety for all Permian Basin residents, Smith said his coalition will intensify its education and awareness efforts this year.
Here’s what frac market participants need to know from the latest round of disclosures.
With damp sand usage increasing, a growing concern is rocks and debris getting in the product, finding their way into the blender, and then breaking or wearing out frac pumps.
"After long months of design, patent work, and testing we think we have the best system to fully unlock wet sands potential and eliminate the issues."
"We are excited to share that on April 14, STEP set a new Canadian 24-hour proppant pumping record on a five well pad in the Montney."
Here’s what to know about the current state of the rig market in the Lower 48.
Mr. Vitols concluded, “Supported by an expected ongoing positive hydrocarbon pricing backdrop as a result of solid industry fundamentals, we anticipate oil and gas operators will continue to need significant volumes of frac sand to develop their respective asset bases throughout 2023."
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