Select Sands Corp. announced operational and financial results for the three months ended June 30, and the filing of its financial statements and associated management’s discussion and analysis. The company: Sold 53,894 tons of frac and industrial sand during second-quarter 2023 compared to 83,027 tons in the three months in first quarter 2023; and 83,207 tons in the three months ended…
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Select Sands Product Sales Up 8% in 2022
Select Sands Corp. announced operational and financial results for the fourth quarter of 2022. The company:
Read MoreHi-Crush, Pioneer Strike Deal for Mobile Mining
Hi-Crush Inc. has entered into an agreement with Pioneer Natural Resources to deploy Hi-Crush’s sixth OnCore mobile mining unit to supply frac sand for use in Pioneer’s well completions activity in the Midland Basin. This will be Hi-Crush’s second OnCore deployment with Pioneer following the successful commencement of operations at OnCore #4 in September 2022, and Hi-Crush’s fifth OnCore deployment within the Midland Basin.
Read MoreFrac Sand News
Smart Sand Inc. announced results for the fourth quarter and full year ended Dec. 31, 2022.
Read MoreCongress Averts Rail Strike
The Senate passed legislation to avoid a rail strike, one day after the House approved the measure. The bill was signed by President Joe Biden, who had previously told Congress to act swiftly, warning that a strike could cause major harm to supply chains.
Read MoreFuture Market Insights Assesses Shale Gas Hydraulic Fracturing Market
The shale gas hydraulic fracturing market in Canada, the United States and China experienced robust year-on-year (YoY) growth rate during 2021. While the total market volume across these countries totaled 28,866.50 units in 2021, it is projected to increase at 9.2% CAGR between 2021 and 2027, surpassing around 48,814.70 units by the end of 2027.
Read MoreThis Week’s Market Buzz
• Benchmark U.S. crude oil for January delivery fell 44 cents to $71.02 a barrel at press time. Brent crude for February delivery fell 5 cents to $76.10 a barrel.
Read MoreThis Week’s Market Buzz
• At press time, Brent crude futures were down 29 cents, or 0.3%, to $85.12 a barrel, while U.S. WTI crude futures rose 2 cents, to $77.96.
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• At press time, Brent crude futures settled up $2.32 at $95.99 a barrel, extending a 1.1% rise from the previous session but falling 2.6% on the week. U.S. West Texas Intermediate (WTI) crude futures settled up $2.49, or 2.9%, at $88.96 a barrel, after climbing 0.8% in the previous session but down nearly 4% on the week.
Read MoreChemours Begins Operation of Trail Ridge South Mineral Sand Mine in Florida
The Chemours Company, a global chemistry company with leading market positions in titanium technologies, thermal and specialized solutions, and advanced performance materials, invited key community stakeholders and legislators to a ribbon cutting event on Oct. 14 to officially recognize the startup of its newest mineral sand mine, Trail Ridge South. The new mining operation represents a $93 million investment that…
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