Select Sand First Quarter Tonnage Up 79% Over Last Year

Select Sands Corp announced operational and financial results for the first quarter of 2022. The company sold 107,428 tons of frac and industrial sand during the first quarter of 2022, which was 13% higher than 94,670 tons sold in the fourth quarter of 2021 and 79% higher than 59,970 tons sold for the first quarter of 2021. Driving the consistent…

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Permian Delaware Output to Hit Record in 2022

Total hydrocarbon production in the Permian Delaware Basin, the top-producing play in the Permian, will hit a record 5.7 million barrels of oil equivalent per day (boepd) average in 2022, according to Rystad Energy research. Spurred on by high oil prices and appealing well economics, total production is set to grow by around 990,000 boepd, almost half of which –…

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Source Energy Services Sand Revenue Increases 22%

Source Energy Services Ltd. announced its financial results for the three months ended March 3. Sustained strength in oil and gas commodity prices continued to buoy strong activity levels in the Western Canadian Sedimentary Basin (WCSB), generating $80.7 million of sand revenue, an increase of 22%, over the first quarter of 2021.

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