Frac Sand Weekly News Digest
Nick Cook, Editor
Issue #586 | October 28, 2026
Good morning, and we hope you’re enjoying this Wednesday morning. There’s a couple big headlines this week on the E&P M&A front. As you may have seen, EQT acquiring Range Resources is a true mega-merger creating the largest natural gas producer. This is obviously as a huge development as natural gas is vital to energy demand growth in the US. Another story that you might have missed is Ovintiv continues its buying spree and investment heavily in the Montney. We’re looking forward to hearing more next week as the Frac Sand Digest will be coming to you live from Calgary. There’s still registrations open for those interested. Pour the coffee, and let’s dig in. And now, the news…
This Week's News
EQT Announces Strategic Acquisition of Range Resources, Creating America's Undisputed Natural Gas Champion
EQT will acquire Range in an all-stock transaction to create America's leading natural gas company with a pro forma enterprise value over $50 billion.
OFS Context For This Week’s Natural Gas Mega-Merger
EQT bought Range Resources this week in a deal that significantly consolidates the Marcellus Shale - but what does that look like from an OFS standpoint?
Ovintiv to buy Logan Energy in $890M deal, boosting Montney acreage
Ovintiv said the acquisition will add 420 total net 10K-ft equivalent oil well locations, and 266K net acres in the Montney oil window, boosting its core land position in the Montney to ~720K net acres.
People On The Move In The Frac Sand Space
Always appreciate Infill Thinking keeping tabs on where folks are.
LinkedIn Post: S&P Looks at Proppant Trends
H1 2026 frac data is in and we are observing an interesting trend among a few US shale plays.
Northeast Gas Basin Trends From Our Conversations In Pittsburgh Last Week
Thoughts on industry trends from the heart of the Marcellus shale…
LinkedIn Post: Vaca Muerta Sand Glimpse
In Argentina's Vaca Muerta shale field, the truck costs more than the sand.
Atlas Energy Solutions Announces $424 Million Senior Secured Bridge Facility Provided by Goldman Sachs and Barclays
Atlas continues to invest heavily in their power generation business.
Liberty Going For Price In Frac Now As E&Ps Ride Oil Realizations And Frac Fuel Savings
Liberty’s CEO Ron Gusek talked frac market conditions this week and we digested the key frac datapoints and forecasts here…
$13.8 B El Trapial plan: Chevron adds rigs to speed tripling of Argentina output in Vaca Muerta
Chevron said last year it would triple its Argentina output to 195,000 boepd by 2035. That timeline could move up if the company adds a second rig at El Trapial in June 2027 and a third around early 2029, said Gerbert Schoonman, Chevron's president of shale and tight.
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