Wisconsin Studies to Analyze Groundwater at Frac Sand Plants

Three years ago, water samples from ponds at Wisconsin frac sand mines showed concentrations of heavy metals many times higher than state groundwater standards recommend. Now, the state’s Department of Natural Resources (DNR) is planning a study to see if the metal from those ponds is leaching from mines and polluting groundwater, according to Rich Kremer, writing for Wisconsin Public Radio.

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This Week’s Market Buzz

Ramping up sand use; IMA-NA touts health; Felony charges for politician

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Select Sands Agrees to Deal with Ozark Premium Sand

Select Sands Corp. announced that it has entered into a binding agreement with Tutle Holding, LLC and Steve Hackmann, Ozark Premium Sand LLC (OPS) pursuant to which Select Sands’ wholly owned subsidiary, American Select Corp., will purchase certain OPS equipment and shall have the option to purchase OPS’ dry processing plant, operating equipment, saleable inventory and customer lists amongst other miscellaneous assets owned by OPS.

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Hi-Crush, Fairmount Restart Wisconsin Operations

Two frac sand mines have resumed operations near Eau Claire and Menomonie, Wis., after more than a year-long downturn in demand for the sand used in drilling for oil and natural gas, according to Rich Kremer at Wisconsin Public Radio.

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EOG Plans Big Drilling Increase

 

EOG Resources will revise its hydraulic fracturing plans upward by 30 percent in 2016, despite the price of oil falling below the $40 per barrel mark. As reported by Oil and Gas Investor (OGI), the revised numbers from the Houston-based company indicate how strong shale companies, particularly those with heavy oil-reserve land, are surviving. Other firms have faltered en masse and have sought creditor protection in actions unseen since the wave of bankruptcies of telecom firms in the early years of this century.

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