Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #453 | January 10, 2024
This week in the frac sand world, we highlight a last mile player making a big splash, a frac sand mine is acquired, MORE E&P consolidation, and so many other stories.
And now, the news…
This Week's News
Piling On In 2024 – New Wellsite Storage Player Is Betting Big On Damp Sand Growth
Highlight story on one of 2023's biggest conference sponsors trying to make waves.
SOLD! Frac Sand Mine
Congratulations to the buyer and the seller, who are both regular attendees at The Petroleum Connection’s events.
Southwestern, Chesapeake Near $17 Billion Merger
Combination of natural-gas producers could come together as soon as this week.
LinkedIn Post: Graph of Potential SWN-CHK Merger
The combined company would be a gas juggernaut, producing over 7 bcf a day net and operating over 11 bcf a day gross.
In Other News… Kermit Hit Piece, “New Year, New Job”, Apache / Callon, 1Q24 Activity Datapoint, Permian Field Trip Next Week, & More…
Half dozen quick hits with relevance to the frac market.
This West Texas town has a lot of money in the bank. Why can't it pick up its trash?
Like local leaders in many other towns in West Texas, the Kermit City Council spent years saving its tax revenue fearing the energy economy would crash.
LinkedIn Post: Uinta Opportunities
Better geological targeting and *increased frac sand loading* have resulted in consistently strong well production.
APA to Buy Callon Petroleum in $4.5 Billion Deal
APA said the Callon deal adds scale to its operations across the sprawling oil-rich Permian Basin, most notably in the Delaware Basin, and that it expects the combined company’s daily production will exceed 500,000 barrels of oil equivalent.
Turning Dreams into Reality in North Dakota’s Oilfields
Anecdotal stories about how the Bakken is bringing prosperity to industrious folks.
How’d We Do? Scoring Our 2023 Predictions From A Year Ago…
Our friends at Infill Thinking looks back at their predictions from last year.
Atlas constructing 42-mile sand conveyor system
Dune Express is capable of transporting 13 million tons of proppant annually and with over 84,000 tons of dry storage within the system.
Hollow Water sand mine snagged by controversy at separate, unrelated project
Canadian sand mine debacle hurts other mines in the eyes of the public.
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
Exxon says the impairments primarily reflect the idling of its Upstream Santa Ynez Unit assets and related facilities
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