Atlas Sand Monahans’ Plant Manager Moe Connell told Your Basin the demand of frac sand has been on a steady rise, hand-in-hand with the demand for oil and gas.
Read MoreDay: March 8, 2019
Industry Analyst Covers Trends at Recent Conferences
Joel Schneyer, managing director at Capstone Headwaters in Denver, presented at the IQ Hub North American Shale Water Conference in Houston. Schneyer noted that:
Read MoreShale Support Strikes Partnership with Fracht Group
Shale Support, a leading provider of frac sand and logistical solutions to the oil and gas proppant market, has announced a strategic partnership with Fracht Group, an international transportation company providing general and specialized logistics solutions. Fracht Group, founded in 1955, operates 107 offices worldwide in 40 countries including Argentina.
Read MoreUSGS: Industrial Sand Production, Consumption Rise
The U.S. Geological Survey released its 2019 Mineral Commodity Summaries report. In 2018, industrial sand and gravel valued at about $6.2 billion was produced by about 191 companies from 321 operations in 35 states.
Read MoreThis Week’s Market Buzz
• Oil prices plunged about 3 percent at press time, putting crude futures on pace for a second weak of losses, after U.S. government data showed recent job gains grinding to a halt last month. Crude futures were already under pressure after data showed a slump in Chinese imports and exports in February and the European Central Bank slashed its…
Read MoreInternational Women’s Day
March 8, 2019 – To mark International Women’s Day, Volvo Construction Equipment President Melker Jernberg highlighted the importance of having a diverse workforce as a major contributor to the company’s success. He has also challenged all employees to help the company exceed its commitment of having 25 percent female leaders by 2025. The aggregates industry, which is heavily male-centric, is not…
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