WITH OIL PRICES ON THE RISE, IS THE MARKET FOR FRAC SAND ABOUT TO HEAT UP AGAIN? By Mark S. Kuhar It’s all about oil prices. The dramatic drop in the price of a barrel of oil over the past year has had the frac sand industry scrambling to make ends meet. With drilling at a standstill, only wells currently…
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Dakota Plains Has Busy Third Quarter
Dakota Plains noted in its third-quarter report, that frac sand transloading volumes were 141,000 tons, an increase of approximately 102 percent compared to the third quarter of 2014. The company benefitted from its first full quarter of in-house operations at the Pioneer Terminal, materially reducing operating costs. Revenue from transloading frac sand was $1.0 million compared to $0.6 million in…
Read MoreDakota Plains Begins Frac Sand Trans-loading at Pioneer
Dakota Plains Holdings Inc. began frac sand trans-loading operations at the Pioneer Terminal in New Town, ND, through its new sand trans-loading joint venture. Dakota Plains and Unimin Corp. had previously executed an agreement to construct an automated frac sand terminal with 8,000 tons of storage and a throughput capacity of 750,000 tpy. The terminal is now fully operational. Dakota…
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