Now that the price of oil has dropped by 50 percent or more – down to $45 a barrel on Sept. 18 – frac sand production in Wisconsin also has dropped by 50 percent, according to a report on Wisconsin Public Radio.
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Maurer Engineering Develops Shale Stimulation Technique
Maurer Engineering Inc. has developed a shale stimulation technique that consists of drilling drain holes across hydraulic fractures to improve production in depleted shale wells.
Read MoreTwin Eagle Breaks Ground for New Terminal
Twin Eagle Sand Logistics has broken ground on the Permian Rail Park. The Permian Rail Park is located on the Union Pacific Railway approximately eight miles west of the city of Big Spring, Texas. The 530-acre rail park is Twin Eagle’s fifth terminal development and is centrally located to serve the Eastern side of the Permian Basin.
Read MoreSelect Sands Says Land Clearing Complete at Sandtown
Select Sands Corp. announced that land clearing is complete and the company has requested U.S.-based contractors to submit bids for test mining and processing at its Sandtown project in Arkansas. Company management will be meeting with various contractors to select the contractors to commence the work right away.
Read MoreNew Report Notes Innovation, Consolidation Future Keys to Market
Over the last year North American proppant and frac sand producers have faced a whole new paradigm with lower oil prices, according to Roskill’s new report, “Frac Sands & Proppants North America: Industry, Markets & Outlook 2015.”
Read MoreThis Week’s Market Buzz
North America Frac Sand Inc., Calgary, Alberta, Canada, has entered into a share exchange agreement to acquire 100 percent of the issued and outstanding shares of North America Frac Sand (CA) Ltd. through the issuance of 37.8 million shares of the company. The acquisition will be completed upon North America Frac Sand (CA) Ltd. providing additional due diligence which will…
Read MoreFairmount Santrol Delivers Paper on Self-Suspending Proppant
Fairmount Santrol presented a technical paper July 22, confirming self-suspending proppant increases oil and gas production by not harming the formation. The company presented the paper at the Unconventional Resources Technology Conference (URTeC).
Read MoreUSGS Releases Nonmetallic Minerals Products Index
The nonmetallic mineral products industry leading index decreased 2.4 percent to 240.5 in July from a revised 246.3 in June, and its 6-month smoothed growth rate fell to -0.7 percent from 4.3 percent in June. The 6-month smoothed growth rate is a compound annual rate that measures the near-term trend.
Read MoreMunicipal Wastewater Being Used for Fracking
Top shale oil producer Pioneer Natural Resources Co. has found an unusual way to both save water and cut costs for its wells: tapping the treated runoff from toilets, sinks and showers in west Texas.
Read MoreVictory Nickel Suspended Production in Q1
Victory Nickel Inc. reported financial results for the three- and six-month periods ended June 30, 2015. Effective Oct. 1, 2014, the company changed its functional currency and presentation currency to the United States dollar from the Canadian dollar.
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