Frac Shack Inc. announced it has rebranded to Energera Inc.
Read MoreCategory: Frac Sand
Haliburton Introduces IsoBond Technology
Halliburton Co. introduced IsoBond, a cement system that reduces sustained casing pressure (SCP) at its source to deliver a barrier that minimizes fluid loss, shortens transition time and improves shear bonding.
Read MoreIMA-NA Announces Mine Safety Award Honorees
The Industrial Minerals Association – North America (IMA-NA) announced the companies and mining operations that received its safety recognition awards. IMA-NA Chairman Doug Smith and IMA-NA President Chris Greissing presented the awards at the IMA-NA’s Annual Meeting in Park City, Utah.
Read MoreShearer Joins Smart Sand Management Team
Smart Sand, Inc. announced that industry veteran Richard J. “Rick” Shearer will join the company as president – Industrial Products at the end of September. In this new position, Shearer will be part of Smart Sand’s management team and will lead the company’s expansion into new markets for high-quality industrial products.
Read MoreThis Week’s Market Buzz
• Goldman Sachs ramped up its already optimistic forecast calling for Brent crude to hit $90 a barrel by the end of the year. That’s up from its previous call for $80. The Wall Street bank expects U.S. crude to hit $87 a barrel, up from $77 previously.
Read MoreNavigable Waters Protection Rule Changes Again
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 MoreSand 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)…
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