Preferred Sands is building a new frac sand facility in Monahans, Texas, a spot right in between the Delaware and Midland Basins, where well activity is present, according to NewsWest9. After two and a half years of surveying different Texas areas and the permitting phase, the $100 million facility is becoming a reality.
“The Permian Basin makes up about 40 percent of the overall frac sand in the country. We think on a go-forth basis, it will represent to 40 to 45 percent of that demand,” said Preferred Sands President and Chief Operating Officer T.J. Doyle.
The new frac sand facility will be able to produce 3.3 million tpy.
Before, the company had to transport sand from the upper Midwest by rail, where those sand mines are about 1,400 miles away. Now, having their new facility locally will not only cut down cost but open a door to 130 permanent jobs.
“We tend to build substantial facilities with a 30-year runway worth of reserves,” said Doyle. “We’re very excited about offering a wide range of opportunities to local residents, anywhere from local level positions all the way to management.”
The company has been training employees for the past three months and they’re still hiring.