Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #472 | June 12, 2024
Sand haulers start to exit as the result of sustained low industry rates, a NEW frac sand NWS mine proposed, and stable/positive oil outlooks going forward.
Read these stories and more as we’ve got you updated on the latest in the frac sand industry!
And now, the news…
This Week's News
Sand Hauling Carriers Start Tapping Out Amid Rate Pressure, Higher Costs
At least 3 trucking companies are shutting down their frac sand operations.
'We Are Miners:' Video shares a message of the importance of mining and miners
A cool documentary highlighting the importance of mining made by a gal who was mad that her town's frac sand mine was not getting the social respect it deserved.
Why Are Sand Haulers Exiting? Here’s Some Math That Every Trucking Customer Should Consider
Math to illustrate why quality carriers are dropping out of the frac sand market.
LinkedIn Post: Adam Rodriguez, US Silica
One safety metric, Total Recordable Incident Rate (TRIR), shows that the in-basin frac sand mines are starting to become safer than the Texas state average (for mines).
A Look At The Main Reason OFS Feels So Soft This Year
Insights into how the demand side for OFS by two key components this year.
New frac sand mine proposed near Rushford
NWS: It’s been years since a new frac sand mine has been proposed in the area, but one company hopes to open one in Fillmore County, just south of the Winona County line and west of Rushford.
Wet Sand Market Penetration
Although it's been getting major buzz recently, how much demand is out there for wet sand in the Permian?
OPEC Keeps Robust Oil-Demand Outlook After Output Policy Move
The Vienna-based cartel said it forecasts oil demand to grow by 2.2 million barrels a day in 2024 and by 1.8 million barrels a day in 2025
With Big Savings In The Bag, Truck Customers Should Take The Win And Reconsider Values Before It’s A Pyrrhic Victory – Lowball Loads Aren’t Safe, Reliable, Or Sustainable
Warnings to truck customers about what's going to happen as the result of unsustainably low freight rates.
Small Increase For U.S. March Oil Production
In the Permian, the monthly completion and drilling rates have been both stabilizing in the 440 to 450 range over the last six months.
$38.9 Billion In Proposed Texas Gas Plants Overwhelm Expectations
Good long-term optimism for nat gas demand in Texas.
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