Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #502 | February 5, 2025
This week’s digest is focused on Permian sand data, E&P capex/production plans from supermajors, and frac market analysis from the new captain at major OFS firm (and a frequent speaker at our events).
Also, we’ll finishing up the draft agenda for the Frac Sand Update, so please reply to this email with any topic suggestions.
And now, the news…
This Week's News
5 Key Frac Market Points From Liberty’s New CEO
Ron Gusek officially takes on the CEO role and provides his analysis on the market.
LinkedIn Post: Petroleum Connection
PSA: We are not in any way associated with the "North American Frac Sand Supply & Logistics Conference".
High Roller Sand Is Rocking In The Permian
Great mine update from one of the Permian's major sand players.
ExxonMobil aims to increase Permian production by 50%
ExxonMobil produced 1.5 million barrels of oil equivalent per day from the Permian Basin by the end of 2024 and anticipates producing 2.3 million barrels per day by 2030, an increase of over 50%.
U.S. Frackers and Saudi Officials Tell Trump They Won’t Drill More
President says lower prices will solve many of the country’s problems but finds early resistance in the oil market
Chevron Permian Capex Has Peaked. Here’s What To Expect Next…
Last year during conference calls with investors, Chevron’s top brass made a hint that their words last Friday now confirm.
Coterra Energy and Halliburton launch first fully automated hydraulic fracturing program
Coterra is the first operator to fully automate and control their hydraulic fracturing design and execution.
6 Takeaways From Permian Local Sand Mine Analysis
Important frac supply chain update for the Lower 48’s largest frac sand market – data takeaways and download link in the full report.
US upstream oil and gas M&A deals hit $105 billion in 2024, third highest on record
A wave of major upstream oil and gas mergers and acquisitions in 2024 had companies taking a break as the year came to a close.
A Permian Local Damp Sand Mine Is ReOpening For Business Monday With A New Go-To-Market Strategy…
Company specific details from private frac sand company’s management team.
Atlas Energy Solutions announces 10 million share offering
Atlas plans to use the proceeds to repay debt, fund part of the Moser Energy Systems acquisition, and for general corporate purposes.
Third Energy Innovation Signaling A Golden Age: Enhanced Geothermal
Although very new, the excitement for EGS is palpable on both sides of the energy transition aisle.
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