Post Tagged with: "Frac sand"

Source: ussilica.com

U.S. Silica cuts 10% of workforce as frac sand demand wanes

Reuters


U.S. Silica Holdings Inc said on Friday it had cut about 230 jobs, or 10% of its workforce, as demand for its frac sand comes under pressure from oil and gas producers reducing drilling in the backdrop of volatile …

Wisconsin Frac Sand Boom is Over: Mines Sit Dormant as Competition Grows – UW Professor

Wisconsin Frac Sand Boom is Over: Mines Sit Dormant as Competition Grows – UW Professor

From AP/WMTV 

EAU CLAIRE, Wis. (AP) — Wisconsin’s frac sand industry is grappling with several idled mines as the sector faces increased competition in Texas and Oklahoma. 

University of Wisconsin-Eau Claire Professor Kent Syverson believes the region’s frac sand development

June 27, 2019 - 5:45 am Closing Bell Story‎, Energy News
Price Increase from U.S. Silica Does Not Apply to Frac Sand

Price Increase from U.S. Silica Does Not Apply to Frac Sand

One of the large frac sand providers, U.S. Silica Holdings, Inc. (stock ticker: SLCA), said today that its Industrial and Specialty Products business for silica sand will increase 2019 prices for most of its non-contracted silica sand and …

Hi-Crush will Supply Northern White Frac Sand to Chesapeake’s Marcellus and PRB Ops

Hi-Crush will Supply Northern White Frac Sand to Chesapeake’s Marcellus and PRB Ops

Chesapeake Energy (stock ticker: CHK) has signed up with Hi-Crush Partners LP (stock ticker: HCLP) for a new, long-term frac sand supply agreement for the in-basin purchase of Northern White frac sand to support Chesapeake’s completions program in the Marcellus

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
A Hot Commodity: New Equipment Doubles Frac Sand Production at Texas Sand Processing Facility

A Hot Commodity: New Equipment Doubles Frac Sand Production at Texas Sand Processing Facility

From KWTX

KOSSE, Texas (KWTX) U.S. Silica cut the ribbon Tuesday on an $8 million expansion project and its sand mine and processing facility in Kosse in Limestone County.

The sand mined and produced at the plant is primarily used …

Texas Oil Drilling Driving ‘Extreme’ Demand for Wisconsin Frac Sand: IHS

Texas Oil Drilling Driving ‘Extreme’ Demand for Wisconsin Frac Sand: IHS

From Madison.com

Domestic drilling for oil and natural gas is expected to drive “extreme” demand for the frac sand prevalent throughout western Wisconsin.

The value of proppant sand will exceed $4 billion this year and is expected to grow to …

Atlas Sand Announces Grand Opening of Kermit, TX Facility

Atlas Sand Announces Grand Opening of Kermit, TX Facility

Atlas Sand Company, LLC has announced the grand opening of its Kermit, TX facility.  On July 29, 2018, the first scheduled deliveries of frac sand from the Atlas Kermit site were fulfilled. The Kermit facility’s anticipated production capacity is currently …

July 31, 2018 - 12:30 pm Closing Bell Story‎, Energy News, Fracing, TOGC23
Shale Support Buys Two Louisiana Sand Mines

Shale Support Buys Two Louisiana Sand Mines

Shale Support, a leading provider of frac-sand and logistical solutions to the oil and gas proppant market, today announced it has closed on a deal purchasing two natural mines in Kinder and Central Louisiana. This expansion adds 2.0 million tons …

June 20, 2018 - 12:45 pm Closing Bell Story‎, Energy News
Specialty Sand Market Heats Up with Drilling

Specialty Sand Market Heats Up with Drilling

From CBC

Signs of the Canadian oil and gas industry’s recovery from a punishing two-year downturn are emerging in unlikely places, including fine grains of sand.

Demand for the especially round and crush-proof type of sand used to help extract …

January 30, 2018 - 7:39 pm Canada, Closing Bell Story‎, Energy News, Fracing
Hi-Crush Partners (HCLP) Reports Record Frac Sand Sales in Q3

Hi-Crush Partners (HCLP) Reports Record Frac Sand Sales in Q3

Hi-Crush opened 2 new facilities, announced $100 million buyback

Q3 highlights

  • Revenues of $167.6 million
  • Quarterly record of 2,456,195 tons of frac sand sold
  • Net income of $29.8 million, resulting in $0.33 basic and $0.32 diluted earnings per limited partner
November 1, 2017 - 5:20 pm Closing Bell Story‎, Earnings, Oil and Gas 360 Articles
More Sand:  Hi-Crush Doubling Permian Crews

More Sand: Hi-Crush Doubling Permian Crews

Hi-Crush accelerates plans to provide frac sand to the Permian

Hi-Crush Partners (ticker: HCLP) released its first quarter earnings Monday reporting improving financial results and an increased pace of development on Permian facilities. The company plans to increase the number …

Increased Frac Sand Triples Output in the Eagle Ford

Increased Frac Sand Triples Output in the Eagle Ford

Producers looking to get the most out of wells are increasing volumes of frac sand

In the current price environment, companies are doing everything they can to get the most out of their wells. Falling commodity prices have made wells …

Proppant Update: Suppliers Roll with the Punches

Proppant Update: Suppliers Roll with the Punches

Raymond James sees a recovery in sand prices

Although Hi Crush Partners (ticker: HCLP) missed on its Q2 earnings, reporting $84 million in revenues or $0.31 per unit in earnings, Raymond James believes the company still has long-term potential following …