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Fairmount Locks Up 3,250 Acres of Sand Reserves in Texas

Fairmount Santrol has entered into a definitive 40-year lease agreement for approximately 3,250 acres of sand reserves located in Winkler County, Texas, in the Permian basin near Kermit, Texas.

Read more: Fairmount Locks Up 3,250 Acres of Sand Reserves in Texas

Hi-Crush Looks Ahead

During Hi-Crush’s most recent conference call, management walked investors through some of these growth plans and the trends that underpin their future plans. Here is a look at some of the most pertinent management statements from the company, according to Tyler Crowe, writing for The Motley Fool.

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Source Energy Services Issues Update

Source Energy Services Ltd. issued an update on its acquisition of its second unit-train capable production facility in Wisconsin; its Canadian terminal expansion program; and the expansion of its wellsite solutions fleet.

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Unimin to Build New Plant in Texas

Unimin Corp. announced plans to construct a new sand-processing plant in West Texas. The new facility will be capable of producing up to 5 million tons of regional sand per year and will serve as another channel by which the company will fully and efficiently service the evolving dynamics of the oil and gas industry.

Read more: Unimin to Build New Plant in Texas