Six-year-low crude oil prices may have decimated new drilling activity, but market indicators show there is a more intense use of frac sand in the new wells that remain in the Eagle Ford and other shale plays. A June 11 report from global investment bank Jefferies shows that overall demand for frac sand is down in 2015 due to low…
Read MoreCategory: Frac Sand
Select Sands Completes PEA on Arkansas Project
Select Sands Corp. completed an independent Preliminary Economic Assessment (PEA) for the company’s permitted Sandtown Project located in Northeast Arkansas. Tetra Tech of Golden, Colo., and Vancouver, BC, Canada, completed the PEA. The current study comprises approximately 40 percent of the property (200 acres).
Read MoreUnimin’s Jerry Run Terminal Now Operational
Unimin Energy Solutions announced the first delivery of frac sands by unit train to its Jerry Run, W.Va., terminal. Unimin, with partners CSX Railroad and Process Transload, operate a high-efficiency transload and storage facility on Highway 50 in the liquids-rich region of the southern Marcellus in West Virgina and southwestern Pennsylvania.
Read MoreCanadian Sand-Drilling Operation Cancelled
Husky Oil Operations has cancelled plans to drill for silica sand near Behchoko, N.W.T., Canada, and other areas on the north shore of Great Slave Lake, according to CBC News.
Read MoreStudy: Frac Sand Mining a Boon for Employment, Earnings, Economies
A new Policy Study from The Heartland Institute shows industrial sand mining has been “a significant driver of economic growth across the Upper Midwest.” If done in an environmentally responsible manner, the study finds, “it can be an important source of employment and earnings for decades to come.” The study, titled “Economic Impacts of Industrial Silica Sand (Frac Sand) Mining,” is the second in…
Read MoreThis Week’s Market Buzz
According to the investment website Seeking Alpha, long term, the market dynamics for frac sand are still in place. The amount of frac sand per well seems to be increasing for now based on the fact drillers are using more stages per well. As prices fall drillers are incentivized to increase the amount of frac sand they use per well…
Read MoreFairmont Santrol Revenues Up
Fairmont Santrol reported that first quarter 2015 revenue totaled $301.5 million, up 2 percent from $294.9 million for the same period in 2014. Overall sales volumes increased to 2.3 million tons for the quarter, an 8 percent increase compared with 2.1 million tons in the first quarter of 2014.
Read MoreCRU Logistics Opens Third Frac Sand Transloading Facility
CRU Logistics LLC opened its third frac sand transloading facility in south Texas. The terminal, known as its “light model” is located at the Alamo Junction Rail Park (a dual-served industrial park) in Elmendorf; placing it within 50 miles of the Eagle Ford’s core counties.
Read MoreCasper Promoted at U.S. Silica Holdings
U.S. Silica Holdings Inc. announced the promotion of Bradford B. Casper to vice president and chief commercial officer.
Read MoreUSGS Publishes Milestone Frac Sand Studies in Rock Products
Newly released research from the U.S. Geological Survey (USGS) describes U.S. hydraulic fracturing (frac) sand deposits and their locations, and provides estimates of frac sand production, consumption and reserves. A companion map of producing and potential frac sand and resin-coated sand source units in the conterminous U.S. is also included in the research studies, which were published in the May…
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