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Rangeland Signs Multi-Year Contract with Halliburton

According to the Rangeland Reporter-Telegram, Rangeland Energy’s RIO Hub under construction on 300 acres near Loving, N.M., has received a significant boost with an agreement with a major company.Halliburton has signed a multi-year contract for Rangeland to provide frac sand rail unloading storage and distribution services in the Delaware Basin.

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Barletta Roundtable Seeks Hazard Mitigation Solutions

A Federal Emergency Management Agency (FEMA) official agreed to work with U.S. Rep. Lou Barletta (R-Pa.), local officials in Pennsylvania, and other stakeholders to try to resolve outstanding hazard mitigation efforts that cannot move forward due to a new FEMA policy that bans fracking underneath any property purchased with FEMA mitigation funds.

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Are Oil and Gas Companies Running out of Sand?

In a new note, Morgan Stanley's (MS) Ole Slorer, Benjamin Swomley, and Connor Lynagh write that exploration and production (E&P) companies have discovered that if they use more sand when they frack unconventional shale plays, they are able to increase the amount of reserves they can extract from the ground. MS forecasts sand demand growth of 96 percent in 2016 from 2013, compared with just 76 percent of sand capacity growth.

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