Source Energy Services said it has confidence that its 2019 sales volumes should improve from those seen in 2018 due to the addition of Montney and Duvernay customer contracts that help provide a broader customer base and more balanced sales portfolio, refreshed capital budgets from E&P companies and continued positive economics for Montney and Duvernay production.
Read MoreYear: 2019
Vista Makes a Case for Oklahoma Operation
Representatives of one of the five companies already committed to mining frac sand in and around the community of Fay, Okla., told Custer County commissioners that their firm plans to be in the area where Dewey, Blaine and Custer counties come together for 35 years, so they’ll be good stewards of the land and its resources, including underground water, according…
Read MoreWISA to Hold Technical Seminar and Membership Meeting
Registration is now open for the 2019 Wisconsin Industrial Sand Association (WISA) Technical Seminar and Membership Meeting. The event will be held Wednesday, Feb. 20, at the Holiday Inn Eau Claire South, 4751 Owen Ayres Court, Eau Claire, Wis., 54701.
Read MoreThis Week’s Market Buzz
• U.S. West Texas Intermediate crude oil futures were at $51.69 per barrel at press time, down 67 cents, or 1.3 percent. International Brent crude futures were down nearly 1 percent, or 53 cents, at $60.921 per barrel. U.S. bank Morgan Stanley cut its 2019 oil price forecasts by more than 10 percent, pointing to weakening economic growth expectations and…
Read MoreMcLanahan Acquires Anaconda Equipment
In 2017, McLanahan Corp. began a partnership with Anaconda Equipment of Northern Ireland to distribute and sell Anaconda’s line of mobile track equipment. As the relationship between the two companies progressed, it became clear that their values and business styles were closely aligned. Thus, the two companies have announced that Anaconda Equipment will officially join McLanahan’s family of companies upon…
Read MoreMining Fatalities Second-Lowest Ever in 2018
The U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) reported that 27 mining fatalities occurred in 2018 – the second lowest number ever recorded.
Read MoreDodge Momentum Index Lower in December; Up for Year
The Dodge Momentum Index fell 4.9 percent in December to 151.9 (2000=100) from the revised November reading of 159.7. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreVermeer Southeast Offers Employee Stock Incentives
Vermeer Southeast, a full-service construction equipment dealer with locations in Florida, Georgia and Alabama, announced that it is now 100 percent employee-owned through an employee stock ownership plan (ESOP). Vermeer Southeast leadership will remain under the direction of former owners Kris Den Besten, Todd VerSteeg and Jim Dees. “For more than 50 years Vermeer Southeast employees have shown their commitment…
Read MoreLhoist North America Explains Price Increases
Lhoist North America (LNA) announced 2019 pricing changes in a letter to its customers. The letter stated:
Read MoreCemex USA Highlights Ongoing Dedication to Zero4Life
Cemex USA continued its dedication to improving workplace safety and employee health by starting the new year with Safety Week 2019, an annual company-wide initiative focused on achieving Zero4Life at its hundreds of facilities across the United States.
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