Preferred Proppants LLC has commenced commercial operations at its Atascosa, Texas, sand mine and facility, marking another milestone as the company continues its national in-basin sand strategy aimed at reducing the cost of sand and associated logistics for customers in the region.
Read MoreDay: March 10, 2018
Hexion Completes Proppants Plant
The Oilfield Technology Group (OTG) of Hexion Inc. announced the completion of its resin-coated proppant manufacturing plant expansion in Canada. This expansion provides a more efficient supply of proppants to service companies and operators in the oil and gas industry.
Read MoreFairmount Santrol Down for Quarter, Up for Year
Fairmount Santrol announced results for the fourth quarter and full year ended Dec. 31, 2017. Total company volumes sold were 3.4 million tons for the quarter, down 3 percent from the third quarter of 2017 and an increase of 38 percent from 2.4 million tons in the fourth quarter of 2016.
Read MoreFrac Sand Market Recovers to Largest Year in History
PropTester Inc. and KELRIK LLC announced the release of its 2017 Proppant Market Report. The Proppant Market Report is an annual review of the global proppant market in relation to prior years.
Read MoreThis Week’s Market Buzz
Oil prices dropped by more than 2 percent among concerns of President Donald Trump’s plans to set tariffs on steel and aluminum imports and the recent resignation of top White House economic adviser Gary Cohn. April West Texas Intermediate crude fell $1.03, or 1.7 percent, to settle at $60.12 a barrel on the New York Mercantile Exchange, marking its lowest…
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