Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #480 | August 7, 2024
Earnings calls news give us great info for this week’s industry outlook. Top 3 Highlights:
- ProPetro talks about their Aqua Prop transaction (read).
- Atlas Energy gives project updates, promotion, and pricing thoughts (read, read more, and watch).
- Some local sand comes to a brand new state (read).
Grab that coffee mug, clear your calendar for 6 minutes, and let’s dig in.
And now, the news…
This Week's News
Local Frac Sand Mining Enters A New State, While The First North Dakota Local Mine Closes
Important development for the growing basin.
Atlas Energy Solutions Announces Appointment of Chris Scholla as Chief Operating Officer
A great recognition for the technological achievements of the entire Atlas team.
Green-Energy Flops Revive Bets on Natural Gas
A good win and some long-term welcome news for gassy basins.
ProPetro Is Growing Aqua Prop, Avoiding Sand Mine Ownership (for now…), And Fighting Frac Pricing Pressure
In-depth analysis of ProPetro's growth strategy following their most recent earnings call.
Is This Industry Ripe for Using Autonomous Trucks?
The production of sand for the oil industry in Texas relies on off-road routes that feature little traffic, with heavy-duty rigs and semitrucks making regular, predictable runs between production facilities and oil drilling sites.
Atlas Says Permian Spot Prices Approaching Breakeven Will Force Competitor Plant Shutdowns
Granted, there is a bias, but that doesn't mean they are wrong either...
Chevron to Leave California for Texas, as Regulations Mount in Golden State
CEO Mike Wirth says policies in California are discouraging investment and hurting consumers.
Wave Goodbye… Key Takeaways From A Sand Producer’s Final Earnings Report As A Public Company
A last huzzah before privatization.
Optimizing Well Spacing in the Utica Play: Early Insights and Challenges
As operators continue to seek the optimal well spacing in unconventional formations, the oil window of the Utica Play in the Appalachian Basin provides an interesting and relevant case study.
Catching Up With Cudd As They Grapple With “Fiercely Competitive Bidding” And More Capacity In Frac
Late last week, RPC Inc (Cudd pressure pumping’s parent co.) reported earnings: here's the major takeaways.
Get relevant announcements and news from major outlets, industry leaders, and local media so you always know what’s happening and changing in the frac sand industry.
Subscribe to get our carefully curated summary of relevant frac sand related news and analysis delivered to your inbox each Wednesday.
Share Your News
Send us your press releases and any other news articles which you believe would be of interest to our readers. Email submissions to contact@petroleumconnection.com