Petroleum Connection Logo
Frac Sand Weekly News Digest

Published: May 9, 2018 | Issue #166

Unimin Corporation & Fairmount Santrol, Upon Completion of Merger, to Become Covia, a Leading Provider of Proppants and Industrial Materials Solutions

May 8, 2018 | Issue: #166

Fairmount Santrol and Unimin Corporation (“Unimin”) announced today that following the close of their proposed merger (the “Merger”), the combined company will be known as Covia Holdings Corporation (“Covia”) and...
Read More


Shale drillers face new test as oil tops $70 a barrel

May 8, 2018 | Issue: #166

For the oil industry, $70 offers a test of wills. With benchmark U.S. crude prices crossing the $70 a barrel threshold on Monday, the shale drillers who helped upend global...
Read More


Oil, gas production set records in Texas, U.S.

May 8, 2018 | Issue: #166

Texas continues to lead the nation in oil and natural gas production, passing several milestones along the way.
Read More


Drilling rig count jumps in Permian, but not in Texas

May 8, 2018 | Issue: #166

The number rigs actively drilling for oil spiked yet again in the booming Permian Basin, but not in Texas. Instead, the growth came in the relatively smaller portion of the...
Read More


Bakken Making Its Push

May 8, 2018 | Issue: #166

If North American oil production were a race, the Permian Basin would, of course, have lapped everyone else in the field long ago. But in this theoretical competition, the Bakken...
Read More


Demand for Frac Sand is “Insatiable”: Hi-Crush CEO

May 8, 2018 | Issue: #166

Hi-Crush Partners LP (ticker: HCLP) reported a Q1 2018 net income of $53.1 million, or $0.59 per diluted share. Revenues for the quarter totaled $218.1 million on sales of 2,617,627...
Read More


Hi-Crush Says Unbundled E&Ps Buy 33% Of Their Total Volume

May 8, 2018 | Issue: #166

On Tuesday, Wednesday, and Thursday, three large frac sand companies hosted 1Q18 conference calls. Because most Infill Thinkers are too busy to study everything said, we are boiling down each...
Read More


Hi-Crush Partners Posts Higher Earnings Despite Sand Shipment Delays

May 8, 2018 | Issue: #166

No investor should expect a quarter to go perfectly. In the case of Hi-Crush Partners, the company had to deal with several issues related to getting its sand to customers....
Read More


A Regional Frac Sand Player Has Permitted Their Second STACK/SCOOP Mine

We’ve uncovered another newbuild frac sand mine project in the Mid-Con, which is now the focus of an intense land-grab similar to what played out in the Permian and Eagle...
Read More

Emerge Energy Poised For Strong Growth In 2018 And Beyond

Seeking Alpha is proud to welcome Todd Akin as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors...
Read More

Emerge Energy Services Earnings Don't Matter Until This Happens

Sometimes there are things that will impact a company's earnings that management can't control. This past quarter reflected that for Emerge Energy Services. Even though the company sold more sand...
Read More

Preferred Sands Now Has A Double-Barrel Plant Strategy Lined Up In All The Big 3 Tight Oil Basins. Eagle Ford Site #2

Get the latest on Preferred Sands’ multi-barrel approach to adding frac sand capacity in the big oil plays.
Read More

Fairmount Santrol sees continued robust demand for frac sand after Q1 sales rise

Fairmount Santrol expects to profit further from capacity expansions at its plants to take advantage of robust demand for its products, it said, shrugging off poor weather to report a...
Read More

It’s Official: Fairmount Santrol Confirms A Past Infill Thinking Report On Oklahoma Greenfield Expansion

Infill Thinking subscribers knew about the news that Fairmount announced today several weeks ago thanks to an Infill Thinking open records request and a little elbow grease we put into...
Read More

Big 4 Sand Miner’s Margins Minimally Affected By New Supply

Articles have been surfacing recently trying to defend the beaten-down frac sand sector. Even though they are raising much-needed points, such as “brown sand is inferior quality compared to white...
Read More

Senator Joni Ernst Visits Pattison Sand

But rising health care costs and transportation hurdles could hinder continued business growth, company officials told U.S. Sen. Joni Ernst, R-Iowa, during a tour Friday afternoon. Thanks to job growth...
Read More

In Other News… More W TX Derailments, Selling The Dunes, Trucking Midland Crude, And A Long-Haul Rate Double

In “things that crossed our desk but didn’t qualify for a stand-alone update” over the past couple of days, we offer the following four datapoints of interest, intrigue, and impact:
Read More

Railcar Capacity an On-Going Challenge in the Permian

Oil producers may be getting in their own way in the race to pump crude from the fertile Permian Basin. Railcars full of sand have helped producers unlock record amounts...
Read More

Researcher Points To Legislative Fixes For Oilfield’s Crumbling Roads

Growing oil production is straining rural Texas roads, so much so that state lawmakers recently gathered for two days of hearings on the issue. One Texas energy researcher says there...
Read More

First Bauxite ships new ceramic proppant to US

Mining junior First Bauxite has completed industrial-scale trials of production of ceramic proppants, and has already shipped 800 tonnes of high-strength ceramic proppant to the United States, the company reported...
Read More

During Our Twin Eagle Site Visit In South Texas, We Learned About A Strategic Pivot To Adapt To In-Basin Sand

Several weeks ago, Infill Thinking’s research team had an opportunity to visit the Twin Eagle Mission Park transload terminal near Elmendorf, Texas. In this post, check out our drone photos...
Read More

Ground was broken Friday in West Salem on a new repair facility for large mining equipment

Wisconsin Lift Truck is getting ready to build a 15,000 square foot facility to service railcar movers, as well as things like lift trucks and aerial equipment.
Read More

Proven Design Build Success of Frac Sand Plants in less than 8 months.

Adelphi Construction LC, owned by Industrial Accessories Company (IAC), recently completed the build of two frac sand facilities in central Texas. IAC was contracted to design/build two 3.0+ MMTPY Frac...
Read More

DSL D-Day [Developing…]

It’s official. We discuss… this is a developing story and we’ll be adding updates to this post as we learn more today.
Read More

From What We Are Hearing, This Would Be A Great Weekend To Revisit This In-Depth Petition Primer…

Admittedly, predicting the timing of the DSL listing petition has proven difficult. That said, we suggest readers revisit this in-depth guide over the weekend to be braced for come what...
Read More

Rockies Plays: Big Data Is A Big Deal

Four technology roundtable speakers at Hart Energy’s recent DUG Rockies Conference & Exhibition agreed that big data is making a big deal for operators and, ultimately, the oil and gas...
Read More

Sand min­ing ban heads to court

Winona County, Minnesota’s only county to ban the mining of silica sand for use by the oil and gas industry in hydraulic fracturing, goes to court today to defend the...
Read More

Judge invalidates western Wisconsin sand mine permits

Wisconsin environmental regulators improperly gave a company in Georgia permission last year to destroy wetlands to make way for a sand-processing plant, a judge ruled on Friday.
Read More

Unimin Corporation & Fairmount Santrol, Upon Completion of Merger, to Become Covia, a Leading Provider of Proppants and Industrial Materials Solutions

Fairmount Santrol and Unimin Corporation (“Unimin”) announced today that following the close of their proposed merger (the “Merger”), the combined company will be known as Covia Holdings Corporation (“Covia”) and...
Read More

Send Us Your News

Send us your press releases and any other news articles which you believe would be of interest to our readers. Email submissions to fsdigest@petroleumconnection.com

Advertising

Do you offer goods or services focused on the frac sand supply chain? Advertise in the Frac Sand Weekly News Digest.

Learn More