On the same day this week, both Halliburton and Forum Energy Technologies made acquisitions in the artificial lift space. Specifically, each firm announced a deal to take out a privately held electric submersible pump (ESP) target. The coincidental timing and shared ESP focus of the deals has inspired some exaggerated …
Read More »Hi-Crush Permian Frac Sand Mine Progress Picture
A quick update on Hi-Crush’s new Permian mine here – specifically a picture shared with us taken from just outside their facility a few days ago. There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must …
Read More »Permian Frac Sand Mine Scattershooting Part 2
Over the past several weeks, we have spoken with many industry contacts close to the Permian Basin frac sand mining scene. Our channel checks have revealed insights on geology, plant progress, challenges, tone shift, and contracting activity. In a two part series starting last week and concluding today, we are …
Read More »Permian Frac Sand Mine Scattershooting Part 1
Over the past several weeks, we have spoken with many industry contacts close to the Permian Basin frac sand mining scene. Our channel checks have revealed insights on geology, plant progress, challenges, and contracting activity. In a two part series starting today and concluding next week, we are chronicling some …
Read More »US Silica Makes An Expected Entrance Into The Permian Sand Race
On Monday after the close, US Silica announced that they will built a 4mmtpa plant “equidistant to the hearts of both the Delaware and Midland Basins.” We break down what you need to know and provide context on this announcement. There’s a lot more to this story… Login to see the …
Read More »Mammoth Prices A 3-Year Take Or Pay Frac Sand Contract At $44/ton
Mammoth Energy Services announced Thursday that it has signed a three-year take or pay deal to provide Wisconsin frac sand to an undisclosed pressure pumper. The contract contemplates annual volumes of 720,000 tons comprised of several different grades including 20/40, 30/50, and 40/70. We have thoughts on pricing relative to recent benchmarks, what …
Read More »Frac Sand Is A Substitute For Wells And Rigs. Lower 48 Surface Sprawl Is Going Underground [Charts]
Is frac sand replacing rigs? It would appear so in the US onshore recovery. As unconventional drilling and completion science evolves, the industry’s surface footprint per barrel of oil produced is shrinking. A growing sub-surface footprint (which we can measure with sand) is replacing the surface sprawl. With the US onshore …
Read More »EOG Resources On Multi-Laterals, The Next Big Thing, & Competitive Advantage In Shale [Follow The Leaders]
Over the past two weeks, three different EOG execs spoke at three different investor conferences. Reviewing their commentary and separating signal from noise, here’s the latest on this E&P leader’s field tactics and development strategy. There’s a lot more to this story… Login to see the full update… To read this update …
Read More »The 8th Permian Basin Frac Sand Mine Permit Is On File, And 3 More May Be Coming Soon (>30mmtpa Capacity Now Planned)
Here is the latest data-point in the emerging Permian Basin frac sand mine build-out. Who filed the permit, when, where, and what’s next in this update. There’s a lot more to this story… Login to see the full update… To read this update and receive our research newsletters, you must …
Read More »A Permian Sand Mine Challenge No One Is Talking About Yet… Thoughts On The Impending Hiring Spree.
Over the next nine months, Permian Basin frac sand miners will need to hire hundreds of workers to staff up the new mines they have planned. With the Permian Basin oilfield labor market already white hot and all the new hires slated for a sparsely populated area, where will the …
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