Nick Cook, Editor
Issue #564 | May 6, 2026
Good afternoon, everyone! Lots of news around Diamondback Energy as they’ve announced that they’re ramping up production.
Endura Paint is our latest Gold Sponsor for September’s Frac Sand Conference in San Antonio! If you’re interested in sponsoring, make sure you email me (nick@petroleumconnection.com) to ensure you get the best exposure. Sign-ups are also open for the 4th Canadian Frac Sand Summit.
So, before you start winding down the first half of the work week, sit down, and get yourself updated.
And now, the news…
Diamondback Energy Inc., one of the leading independent shale oil producers in the US, is raising output in response to rising prices caused by the Iran war.
E&P capex is starting to move…
We have made the decision to begin to work down our drilled but uncompleted well (“DUC”) balance to maintain our current production level of over 520,000 Bo/d - up 3% from our original 2026 guidance.
You need to see this leading indicator data for drilling.
Exxon, Chevron and others are navigating the worst supply shortfall in decades. Yet they’re sending more cash to shareholders than investing in oil fields.
What are the big boys doing in shale?
Proppant sales volume rose sequentially to 5.7 million tons, which McCarthy said does not include about 130,000 tons of third-party sand purchases. The logistics business delivered a quarterly record of 5.5 million tons.
Here’s the latest frac outlook thoughts from a Permian pumping leader…
This post came across our feed in our research. First time reading about it, but if the sand is high quality and they have good customers, this could be very interesting.
New data on production growth in the US.
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- Ryan Hassler, Rystad Energy
- Joseph Triepke, Infill Thinking [M]
- Greg Lanham, President, Sand Revolution
- Joseph Triepke, Infill Thinking [M]
- Steve Brock, Nomad Proppants
- John Young, Smart Sand
- Ryan McMaster, Delta Sands
- Pete Cook, Petroleum Connection [M]
- Sanjiv Shah, Piper Sandler
- Charlie Crisp, Crisp Supply Chain Solutions [M]
- Steven Anderson, HighPeak Energy
- Frank Zamora, Premier Corex
- Jason Schumacher, O'Melveny
- Yuri Berajano, Consultant [M[
- Greg Garcia, Solaris Oilfield Infrastructure
- Ron Gair, Nexmile
- Michael Montgomery, Detmar Logistics
- Nick Cook, Petroleum Connection [M]
- Matt Oehler, PropX
- Joe O'Rourke, Cyber Square [M]
- Chris Samanns, Signal Peak Silica
- Corey Donaldson, ProFrac
- Paul Sheperd, FCI Sand
- Billy Smith, Superior Silica Sand
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- Nick Cook, Petroleum Connection
- Marcus Morton, Cyber Square
- Jon Bowlin, EnDeCo Engineers
- Bob Carter, IAC [M]
- Chris Ellis, Assured Integration
- Alex Aldach, Freedom Propants
- Michael Brannon, Iron Oak Energy
- Jason Willmarth, Superior Belt Filter
- Alex Meleshko, LIUM Research [M]
- Candace Rowell, Expand Energy
- Lindsey Hopwood, Halliburton
- Josh Riso, Liberty Energy
- William Hitters, Luxmath Consulting
- Juan Rendo, YPF
• Nick Cook, Petroleum Connection
• Tim McMahon, UT Bureau of Economic Geology
• Ryan Hassler, Rystad Energy
• Joseph Triepke, Infill Thinking
• Hayden Gillespie, Black Mountain Sand
• Marcus Morton, Cyber Square
• Adam Katz, Badger Mining Corp.
• Brian McConn, Atlas Energy
• Pete Cook, Petroleum Connection [M]
• Kevin Fisher, PropX
• Bob Carter, IAC
• Chris Cloud, Saber Asset Group
• Ryan Zorn, Liberty Energy
• Sam Reynolds, Marathon Oil [M]
• Aric Christman, Encino Energy
• Charlie Crisp, Crisp Supply Chain Solutions
• Jose Sagaseta, Vorto [M]
• Matt Martinez, Texas Chrome Transport
• Sergio Sabatini, OmniTRAX
• Isaiah Martinez, WTS Energy Group
• Rick Pattillo, Lobo Logistics
• Nick Cook, Petroleum Connection
• Kirby Wilkerson, KBW Partners [M]
• Dane Walker, Wall Street Sand Company
• Dr. Anthony Konya, Konya Mining Company
• Jim Otteman, Imperium Enterprises
• William Hitters, CEO, Luxmath Consulting
• Alex Meleshko, LIUM Research [M]
• Matt Oehler, PropX
• Anna Omsberg, SandPile
• Steve Brock, Nomad Proppants
• Nick Cook, Petroleum Connection [M]
• Chris Samanns, Signal Peak Silica
• Dave Frattaroli, High Roller Sand
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