IAC Remote Monitoring System

IAC’s Smart Plant Remote Monitoring System is a highly economical cloud-based IoT system to ensure regulatory compliance and save energy within your facility, the company stated. With the ability to monitor compressed air, faster detection of leaks, and cleaning on demand, Smart Plant Industry 4.0 technology keeps your equipment running optimally while alerting you to equipment failures within minutes.

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Shale Reinvestment Rates Hit Historic Lows

Reinvestment rates among U.S. shale oil producers hit an all-time low in the the third quarter of 2021, resulting in a record free cash flow for the quarter, and are projected to fall even lower by year-end according to a Rystad Energy analysis. The analysis focused on a peer group of 21 public U.S. shale oil producers, excluding majors, that…

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Source Energy Services Hits Record Sales Volumes

Source Energy Services Ltd. announced its 2021 third-quarter financial results, reporting that it sold 751,611 metric tonnes (MT) of sand and earned sand revenue of $79.3 million; achieved record daily and monthly sand sales volumes; and added a new direct exploration and production (E&P) customer during the quarter and another shortly after the end of the quarter.

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Smart Sand Reports Higher Revenues

Smart Sand Inc. announced results for the third quarter 2021. Revenues were $34.5 million in the third quarter of 2021, compared to $29.6 million in the second quarter of 2021 and $23.4 million in the third quarter of 2020. Revenues were up in the third quarter, compared to the second quarter of 2021, due to higher sand sales revenues resulting from higher in-basin sales volumes and…

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