Rangeland Signs Multi-Year Contract with Halliburton
Published: Friday, 19 September 2014 12:56
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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Are Oil and Gas Companies Running out of Sand?
Published: Thursday, 04 September 2014 15:46
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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