Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #467 | May 8, 2024
Atlas unveils a lot in their earnings call, mines change ownership in multiple basins, XOM x PDX finally closes, and more!
Lots to read about, so pour the coffee and dig in.
And now, the news…
This Week's News
Atlas Moves One OnCore Mine And Orders Another. Also Provides Updates On The Fire, Conveyor, Pricing, & More…
A wealth of information from the Permian's biggest frac sand provider.
Exxon Completes $60 Billion Pioneer Natural Resources Acquisition
The megadeal more than doubles Exxon’s footprint in the Permian Basin.
Enter sandman: Lobo x BOK
“We’re 10 times the size of when we started, and we couldn’t have done it without the support of BOK Financial,” said Pattillo.
Bakken/Rockies Local Sand Trends As Another Mine Changes Hands
New capital continues to flow into frac sand mining.
Atlas Energy Solutions Announces Appointment of Blake McCarthy as Chief Financial Officer
Mr. McCarthy is a seasoned executive with more than 15 years of experience serving in various oil and gas finance, investing, and public company roles.
An Interesting Plant Operator Change To Go Along With Eagle Ford Sand Trends
This week, there's an update on local sand mining activity…
Atlas Energy Solutions Q1 2024 Earnings Call Transcript
Insights into first quarter results, the progress in the integration of Hi-Crush/Pronghorn, and the Kermit plant fire.
Quick Hit Frac Market Takeaways From NexTier And ProPetro
Breaking down the similarities and distinctions between the two major frac outfits.
Calgary infrastructure company acquires Taylor pulp mill
Buffalo Rail plans to invest over $50 million dollars in Taylor, with the first phase operational by mid 2025. The assets will be placed in a holding company while its sibling company Torq Energy Logistics Ltd. will manage the facility.
1Q24 Was The Peak For Lower 48 Natural Gas E&P Spending This Year
As of this writing, the natural gas front month price has recently rallied back up to $2.25 from a low of $1.55, but the market remains challenged and well below 2023 levels.
Utah FORGE grants $44m funding for 9 EGS research project awardees
FORGE grants money to the study of high temperature proppants for EGS.
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