Post Tagged with: "Covia"

After 70% Crash in Stocks, Some Frack-Sand Miners Looking Overseas

After 70% Crash in Stocks, Some Frack-Sand Miners Looking Overseas

From Bloomberg

For the last six years, Kevin Bowen has made good money selling sand to shale frackers who use it for drilling. It was hard not to. The industry has been booming in the oil fields of West Texas.…

April 3, 2019 - 4:26 pm Closing Bell Story‎, Energy News
Covia Comes Off Frac Sand Plant Idlings for Q3 Results

Covia Comes Off Frac Sand Plant Idlings for Q3 Results

Frac sand provider Covia Holdings Corporation (stock ticker: CVIA) reported Q3 2018 results and held its earning call on Wednesday.

President and CEO Jenniffer Deckard discussed Covia’s spot pricing in the Permian, how it is coming off of idling some

November 15, 2018 - 2:48 pm Closing Bell Story‎, Oilfield Services
Texas Sand, Pipeline Constraints Dog Wisconsin Frac Mines

Texas Sand, Pipeline Constraints Dog Wisconsin Frac Mines

From the La Crosse Tribune

A combination of competition and logistics snarls have led to the recent idling of Midwestern frac sand mines, but the slowdown may be temporary.

Hi-Crush notified the state on Tuesday that 37 people will lose …

October 5, 2018 - 1:16 pm Closing Bell Story‎, Energy News, Fracing, Oilfield Services
In-Basin Sand Mines are Sprouting Fast in Texas and Oklahoma

In-Basin Sand Mines are Sprouting Fast in Texas and Oklahoma

Locally sourced frac sand gets the job done at a discount

Last week, Alpine Silica, a private supplier of frac sand, announced that it will open two new frac sand projects—one in Van Horn, Texas and the other in Fay, …