A Rystad Energy analysis of seismic activity in the U.S.’s key oil producing regions reveals that the number of noticeable earthquakes has been increasing year after year since 2017. Tremors of above the magnitude of 2 on the Richter scale quadrupled in 2020 and are on track to increase even further in frequency in 2021 if oil and gas activity…
Read MoreDay: June 13, 2021
Smart Sand Wins Verdict
Smart Sand Inc. announced that the Superior Court of the State of Delaware issued a verdict in favor of the company in its lawsuit against U.S. Well Services, LLC, a subsidiary of U.S. Well Services Inc., following the trial that took place in December 2020.
Read MoreSelect Sands Reports Increases in Sand Sales
Select Sands Corp. announced operational and financial results for the first quarter of 2021, and the filing of its audited financial statements and associated management’s discussion and analysis.
Read MoreVista Proppants Becomes V SandCo; Names Executives
V SandCo LLC, formerly Vista Proppants and Logistics LLC and dba Vista Sand, announced that following its successful emergence from Chapter 11 proceedings in November, Steve Herron was named executive chairman of Vista’s board of directors.
Read MoreThis Week’s Market Buzz
Goldman Sachs has reiterated its forecast that Brent crude will hit $80 per barrel this summer as demand quickly recovers. “Rising vaccination rates are leading to higher mobility in the United States and Europe, with global demand estimated up 1.5 million barrels per day (mb/d) in the last month to 96.5 mb/d,” the investment bank said in a note as…
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