This Week’s Market Buzz

According to Oil Pro, oil prices rose toward $34/bbl, amid growing chatter about the possibility of OPEC and non-OPEC producers meeting to discuss cutting production levels to support prices. Brent hit $35/bbl after the Russian Energy Minister said Saudi Arabia had proposed cutting oil output by up to 5 percent by each country in order to bolster oil prices. Brent…

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Building To Another Level

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Source Energy Services Enlists Legacy Building Solutions To Construct Large Frac Sand Storage Facility By Mark S. Kuhar As frac sand becomes needed in even-greater quantities, larger and more sophisticated plants are being constructed to produce and store a high-quality silica-sand product. Source Energy Services (SES) is one of the fastest growing industrial sand suppliers in North America. The company’s…

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Source Opens Storage, Rail Car Facility

Source Energy Services celebrated the opening of its frac sand production, storage, and rail car loading facility located in Weyerhaeuser, Wis. Several local officials attended the ribbon cutting and community appreciation event, including those from Barron County, the Village of Weyerhaeuser, and the Town of Sumner. The Weyerhaeuser facility complements the frac sand mine and processing facility operated by Source…

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