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Frac Sand latest news

  • March 2017

    Hi-Crush ups capacity through expansion and acquisition

    23 March 2017

    In addition to the acquisition of new frac sand facilities, the US-frac sand producer is on track with its 3m tpa expansion in the Permian Basin, due to come online later this year.

  • DW forecasts higher oil and gas spending as US shale recovers

    21 March 2017

    Consultancy firm Douglas Westwood has revised its forecast for onshore expenditure to 2021 as improvements in US shale activity are expected to drive investment in rigs and rig equipment.

  • Proppant pricing "unsustainable" low: Fairmount Santrol

    10 March 2017

    The US frac silica sand producer reported a loss in the last quarter of 2016 despite higher revenues and volumes y-o-y. While Fairmount noted an uptick in prices in Q4 and in early 2017, the company added that proppant prices still stand at unsustainably low levels.

  • US Senate repeals BLM Planning 2.0 rule

    08 March 2017

    The rule was criticised by the oil and gas sector, which expressed concerns that planning and development of resources would become more time consuming. The repeal of the rule will now go to the US president for his signature.

  • North American rig counts on the rise

    07 March 2017

    The latest figures from Baker Hughes showed an increase in North American rig counts both on a monthly and yearly basis for February 2017. While international rig counts were still down on 2016 numbers, overall worldwide figures showed growth.

  • DOJ requests more info on Baker Hughes-GE transaction

    07 March 2017

    The second request is a "normal" part of the US Department of Justice review, Baker Hughes has said, and the transaction to absorb GE's oil and gas business is still on track for completion in mid-2017.

  • February 2017

    US Silica reports improvement in Q4 frac sand sales

    23 February 2017

    Although the company's y-o-y revenue dropped compared with 2015, improved sales in the fourth quarter in US Silica's oil and gas segment helped to buoy the company's quarterly results.

  • Hi-Crush reports Q4 loss as frac sand prices fall y-o-y

    22 February 2017

    The company reported a loss of $7.26m for the last quarter of 2016 as frac sand prices saw a decline compared with 2015. However, the company noted improvements in both demand and prices sequentially, which are expected to continue in 2017.

  • Scotland launches public consultation on fracking

    01 February 2017

    Following independent research published in late 2016, the Scottish government has opened a public consultation on fracking, a practice which is currently banned in the country.

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