Detmar Logistics entered into a first-of-its-kind multi-year last mile logistics services agreement with Pioneer Natural Resources. Detmar Logistics executed this latest agreement with an innovative approach as a leader in alternative fuel and electrified transportation.
Read MoreDay: May 13, 2022
Source Energy Services Sand Revenue Increases 22%
Source Energy Services Ltd. announced its financial results for the three months ended March 3. Sustained strength in oil and gas commodity prices continued to buoy strong activity levels in the Western Canadian Sedimentary Basin (WCSB), generating $80.7 million of sand revenue, an increase of 22%, over the first quarter of 2021.
Read MoreSmart Sand Hits Higher Revenues for First Quarter
Smart Sand Inc. announced results for the first quarter 2022. Revenues were $41.6 million in the first quarter of 2022, compared to $35.1 million in the fourth quarter of 2021 and $27.5 million in the first quarter of 2021. Revenues increased in the first quarter, compared to the fourth quarter of 2021, primarily due to higher sand sales revenues resulting…
Read MoreSunny Point Aggregates to build new Louisiana Fac Sand Facility
Sunny Point Aggregates will build a new sand and proppants processing facility at The Port of Caddo-Bossier, located on the Red River Waterway just south of Shreveport-Bossier, La. , according to the Shreveport Times.
Read MoreThis Week’s Market Buzz
• Oil prices continue to rise. At press time West Texas Intermediate was at $110.6 up 4.43%, while Brent Crude was at $111.6, up 4.19%.
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