A federal judge struck down the Navigable Waters Protection Rule (NWPR). The order from the U.S. District Court for the District of Arizona brings a swift end to the regulation, which was modified under the Trump administration. Trump’s EPA reversed the changes made by the previous administration, removing permit requirements for things like man-made channels, groundwater and stream beds that…
Read MoreCategory: Frac Sand
Sand and Gravel Rises in Second Quarter
The estimated U.S. output of construction sand and gravel produced and shipped for consumption in the second quarter of 2021 was 279 million metric tons (Mt), an increase of 11% compared with that of the second quarter of 2020, according to U.S. Geological Survey (USGS) Commodity Specialist Jason Willett. Production for consumption in the first six months of 2021 increased…
Read MoreAthabasca Minerals Touts Recent Progress
Athabasca Minerals Inc. reported financial statements for the second quarter ending June 30. In the second quarter of 2021, Athabasca reported consolidated revenue of $3.2 million ($0.2 million in the second quarter of 2020) with divisional contributions from AMI Aggregates, AMI RockChain, AMI Silica and TerraShift Engineering. Robert Beekhuizen, chief executive officer, stated, “AMI is on track for strengthened and…
Read MoreSelect Sands Up By Double Digits
Select Sands Corp. announced operational and financial results for the second quarter of 2021, and the filing of its audited financial statements and associated management’s discussion and analysis. Key highlights include: · Sold 85,242 tons of frac and industrial sand during the second quarter of 2021, which was 42% higher than 59,970 tons sold in first quarter 2021 and 61%…
Read MoreThis Week’s Market Buzz
· Oil prices fell to a two-week low at press time as China rolled out a plan to release state oil reserves, the U.S. weekly crude draw was smaller than expected and U.S. Treasuries rallied as investors sought safer assets. In volatile trade, Brent futures fell $1.15, or 1.6%, to settle at $71.45 a barrel. U.S. West Texas Intermediate (WTI)…
Read MoreIAC’s Carter Speaks at Conference
Bob Carter, senior vice president of mining for IAC, spoke at the North American Frac Sand Exhibition and Conference, which took place in Houston, Texas, on July 7 and 8. Carter took to the stage to discuss some of the main differences of wet sand versus dry sand, as well as the efficiencies and inefficiencies of both.
Read MoreBaker Hughes Releases Report on Corporate Responsibility
Baker Hughes released its 2020 Report on Corporate Responsibility. The report provides an expanded view of the company’s environmental, social, and governance (ESG) performance and outlines its corporate strategy and commitments for a sustainable energy future.
Read MoreHalliburton Executes SmartFleet Fracturing System
Halliburton Co. announced a successful execution of its SmartFleet intelligent fracturing system with a major operator in the Permian Basin.
Read MoreCanadian Premium Sand Appoints Deller CFO
Canadian Premium Sand Inc. (CPS) has appointed Cameron Deller as the company’s chief financial officer, effective Sept. 7. Deller brings more than 20 years of financial leadership, investment management and capital markets experience gained across a wide variety of industries in both public and private sectors.
Read MoreThis Week’s Market Buzz
• Oil prices jumped 3% at press time, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked by rising cases of the Delta coronavirus variant. Brent crude climbed $2.59, or 3.9%, to $67.75 a barrel after touching its lowest since May 21 at $64.60. U.S. West Texas Intermediate (WTI) crude for October…
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