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This Week's Market Buzz

  • According to a report from the Associated Press, some energy producers are still willing to pay more for Wisconsin's high-quality frac sand despite increasing competition from Texas producers. Many energy companies still value Wisconsin sand because of its strength, plus companies can drill deeper and keep oil wells producing longer. Some companies are also mixing Wisconsin sand with less-expensive Texas sand.

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Smart Sand Completes Unit-Train-Capable Rail Facility

Smart Sand Inc. announced that it has completed construction of its unit-train-capable rail facility served by the Union Pacific Railroad in Byron Township, Wis. The company moved its first unit train from the expanded site via the Union Pacific Railroad on Dec. 26, 2017.

Read more: Smart Sand Completes Unit-Train-Capable Rail Facility

Unimin to Modernize Blue Mountain Facility

Unimin Canada announced that it will make a multi-million-dollar investment in the modernization of the company’s mining and manufacturing operations at Blue Mountain in the Kawartha Lakes region of Ontario. When completed, the new operation will further improve the site’s environmental footprint and support continued mining, manufacturing and employment at the facility for many more decades.

Read more: Unimin to Modernize Blue Mountain Facility

Andeavor Acquires Rangeland Energy

Andeavor announced that it has agreed to acquire 100 percent of the equity of Rangeland Energy II LLC. Rangeland owns and operates assets in the Delaware and Midland Basins, including a recently constructed crude oil pipeline, three crude oil storage terminals and a frac sand storage and truck-loading facility.

Read more: Andeavor Acquires Rangeland Energy

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