Environmental group The Houston County Protectors offered the Houston County, Wis., board what the advocacy group described as a “thoughtful, balanced” amendment to the county’s mining ordinance. Representing the Protectors, Ken Tschumper in a statement said the proposed change to the county’s mineral extraction ordinance “resolves much of the controversy … by proposing two significant changes” – prohibiting frac sand…
Read MoreCategory: Frac Sand
Brilliant Sands Touts McClelland Lake Project
Brilliant Sands Inc. has received extremely positive results from the continuous exploration program at its McClelland Lake sand property in Alberta, Canada. The results confirm initial test results indicating the presence of high-quality proppant sand deposits at the property.
Read MoreMobile Sand System Delivers On-Site
Solaris Oilfield Infrastructure, LLC announced the initial deployment of the company’s 5-million-lb. Mobile Sand Silo System. This new 12-silo system recently was used to successfully complete a “zipper” frac of two wells on a pad in the Permian Basin.
Read MoreFairmont Santrol Reports Reduced Frac Sand Volumes
Fairmount Santrol announced results for the second quarter ended June 30, 2015. Second-quarter 2015 revenue totaled $221.3 million, down 34 percent from $334.3 million for the same period in 2014, and down 27 percent from $301.5 million in the first quarter of 2015.
Read MoreHeadwaters Report Predicts Long-Term Proppant Growth
Headwaters MB released its mid-year 2015 Oilfield Services Outlook. The report notes that 2015 has thus far been a retrenchment year, with the number of land-based drilling rigs dropping by approximately 50 percent since November 2014 and companies in the oil services sector reacting to the new oil price deck reality.
Read MoreThis Week’s Market Buzz
Dakota Plains Holdings Inc. reported that frac sand transloading volumes were 195,000 tons in the second quarter compared to 110,000 tons in the first quarter of 2015, a 78 percent increase. Revenue from frac sand transloading was $1.6 million for second quarter compared to $0.2 million for the second quarter 2014. The increase in revenue was due to the fact…
Read MoreCarbo Takes A Second Quarter Loss
CARBO Ceramics Inc. reported a GAAP net loss of $17.0 million, or a loss of $0.74 per share, on revenues of $73.3 million for the quarter ended June 30, 2015. This net loss includes $7.6 million, or $0.33 per share, of after-tax costs primarily associated with slowing and idling production.
Read MoreSelect Sands Appoints New COO
Select Sands Corp. appointed Zig Vitols as chief operations officer of the company. Vitols, a resident of Houston, has served as the president, Mid-South Division, of Martin Marietta Materials Inc. Vitols also worked as the Northeast Regional Manager for W. R. Grace & Co.
Read MoreBrilliant Sands Announces Second Quarter Results
Brilliant Sands Inc. announced results for its second quarter, ended June 30, 2015. In its second quarter, Brilliant Sands posted a net loss of approximately $971,552, with basic and diluted loss of $0.03 per share. Exploration costs in the quarter totaled $202,290, up from $30,068 in the first quarter of 2015 as the company finalizes the work needed to file…
Read MoreHi-Crush Notes Market Conditions in Report
Hi-Crush Partners announced that the board of directors of its general partner has declared a cash distribution of $0.475 per unit on all common and subordinated units, or $1.90 on an annualized basis.
Read More