Frac Sand News

U.S. Silica Holdings Inc. announced net income of $31.6 million, or $0.40 per diluted share, for the fourth quarter ended Dec. 31, 2022. Those results compared with net income of $32.1 million, or $0.41 per diluted share, for the third quarter of 2022. Overall tons sold of 4.606 million for the fourth quarter of 2022 were essentially flat compared with…

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This Week’s Market Buzz

Hi-Crush Partners LP announced the appointment of Jeffery A. Johnson as director of environmental compliance, with the responsibility for maintaining and administering the regulatory compliance programs for all Hi-Crush facilities. Johnson brings more than 15 years of experience to the company, with the majority working within the environmental regulatory programs at the Wisconsin Department of Natural Resources. Johnson will have…

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This Week’s Market Buzz

Eleven minor earthquakes shook central Oklahoma recently, renewing speculation that the area’s oil and gas drilling boom – fueled by fracking – is to blame for an increase in seismic activity. During a 14-hour stretch the U.S. Geological Survey recorded seven quakes ranging from magnitude 2.6 to 2.9 in areas northeast of Oklahoma City. In addition, a 4.3-magnitude temblor hit…

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