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Nick Cook, Editor
Issue #443 | October 11, 2023
Exxon officially buys Pioneer. A few articles forthcoming, but we’ll be chatting about the ramifications of the deal over the coming weeks and undoubtedly at this year’s frac sand conference.
We just made our draft agenda public, and there’s a lot of discussions to get excited about. I have a handful of booth spaces left, so please let me know if you’re interested in exhibiting… Atlas Energy, McCourt Equipment, Halliburton, Liberty, ProFrac/Alpine, Timpte, FilaMar, and Meridian are all sponsoring this event: is your company supporting?
In other frac sand news, we have frac sand mine opportunities unveiled this week as well as a deep dive into wellsite storage systems, political remarks about DSL listing, and Haynesville sand activity.
And now, the news…
It cements Exxon’s status as the dominant player in the American fracking industry, now centered in West Texas, where Pioneer has more places to drill than almost all of its rivals.
A large frac sand mine has taken a creative approach to selling their asset. They are offering, with some money down and guaranteed minimum tonnage per year, to allow a buyer to pay them back with their own royalties.
Interesting look into the evolution of wellsite storage systems, especially with the innovations coming out of wet sand storage.
Rivals Chevron and ConocoPhillips are also scouring the shale patch for targets, while smaller drillers have started to make it clear they are available for the right price, according to people familiar with the matter.
Takes from a sand producing management team for an update on their Haynesville plant and some fresh takes on this regional E&P market.
The purpose of the letter was to highlight the inconsistencies between the agency’s stated reasons for designation and to ask that the agency considers the economic effect such a designation will have on the oil and gas industry in the Permian Basin region, citing the need for more evidence to be gathered before such a dire step is taken.
Data-driven context for the merger.
"When your new building has no idea what proppant is and assumes you just misspelled property."
Quick hit from our big data update this week on D&C trends and forecasts…
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Phone: 214-984-1615 | 33800 Tyler Road, Walkerton, IN 46574
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