Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #508 | March 19, 2025
Multiple M&A announcements, legal battles for fracking in California, silos for sale, and much more.
If you’re enjoying our free digest, but need access to the best data, conversations, and latest technologies, plan to join us next month at the Frac Sand Update on April 9th in Houston. There, you can hear from people like Doug Sheridan, Kevin Fisher, Rystad Energy, and many more.
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And now, the news…
This Week's News
E&P M&A Announcement
Hedge fund giant Citadel has acquired Haynesville Shale E&P Paloma Natural Gas for $1.2 billion.
Checking In On Private vs. Public E&P Rig Counts During This Period Of Drilling Apathy
Data driven context for rig count outlook.
STEP Energy Services Ltd. Reports Fourth Quarter and Year End 2024 Results
Interesting piece we noticed in the data is the increase in proppant pumped YOY while dropping a frac crew.
Fate of fracking in California now at issue after judge expands scope of court case
The local oil industry scored a second consecutive legal victory Wednesday when a Kern County Superior Court judge expanded the scope of an upcoming civil trial to effectively decide the fate in California of hydraulic fracturing, the controversial technique better known as fracking.
Monday Macro View: Fact Check - Can U.S. Shale Really Withstand $50 Oil?
Some important things to consider in the midst of the mantra of "drill, baby, drill".
IEA Says Trade Tensions Weigh on Oil Demand, Warns of Supply Surplus
The agency lowered its demand-growth estimates for the fourth quarter of last year and first quarter of this year to around 1.2 million barrels a day.
KAG Canada buys Alberta ag/oilfield hauler Pro-N2
KAG Canada has announced its acquisition of Innisfail, Alta.-based Pro-N2, a hauler of nitrogen, Co2, NH3, frac sand and other commodities in Canada and the U.S.
This ‘Dune’ isn’t fiction. It’s the longest conveyer belt in the US and moving sand in Texas
AP News is even talking about the Dune Express.
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