According to Rich Kremer, writing for Wisconsin Public Radio, industry experts say demand for Wisconsin frac sand increased slightly in 2021.
Read MoreTag: Permian Basin
Halliburton Executes SmartFleet Fracturing System
Halliburton Co. announced a successful execution of its SmartFleet intelligent fracturing system with a major operator in the Permian Basin.
Read MoreThis Week’s Market Buzz
• Oil prices jumped 3% at press time, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite demand concerns stoked by rising cases of the Delta coronavirus variant. Brent crude climbed $2.59, or 3.9%, to $67.75 a barrel after touching its lowest since May 21 at $64.60. U.S. West Texas Intermediate (WTI) crude for October…
Read MoreRystad: Producers Could See Record-High Hydrocarbon Revenue
The U.S. shale industry is set to achieve a significant milestone in 2021: If WTI futures continue their strong run and average at $60 per barrel this year and natural gas and NGL prices remain steady, producers can expect a record-high hydrocarbon revenue of $195 billion before factoring in hedges, a Rystad Energy analysis shows. The previous record of $191…
Read MorePB Materials Acquires Aggregates, Ready-Mix Assets in Texas
PB Materials Holdings Inc. (PBM), a regional producer of aggregates and ready-mix concrete in the Permian Basin, has completed the simultaneous acquisitions of substantially all of the assets of WUUD Aggregate LLC, ARM Trucking Limited Co. and Kermit Concrete Co.
Read MoreNew Frac Sand Plant Opens in Texas
Permian Frac Sand has opened a location three miles east of Voca, Texas, on State Highway 71. Operations at the new state-of-the-art facility have just begun, according to the Midland Reporter Telegram.
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 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 MoreHi-Crush, ARB to Develop Rail Hubs
Hi-Crush Partners LP and ARB Midstream LLC announced that the companies have entered into definitive agreements to jointly develop and operate two energy rail hubs, one in the DJ Basin and one in the Permian Basin. Both facilities will be served by the Union Pacific Railroad, and will provide unit and manifest train capabilities for frac sand and crude oil.…
Read More