Hi-Crush signs frac sand deal
Published: Thursday, 20 December 2018
US sand miner Hi-Crush has signed an offtake deal to supply Northern White frac sand to Chesapeake Energy.
Hi-Crush announced on Monday November 12 that it will supply
an unspecified volume of sand to Chesapeake’s
operation in the Marcellus basin, in the north-eastern United
States, and the Powder River basin, in the north-west of the
country. The duration of the deal was also not revealed.
The locations are both relatively close to
Hi-Crush’s operations in the US state of
Wisconsin, compared with other centers of frac sand demand
such as the Permian Basin in west Texas.
The announcement came after Hi-Crush was forced to
temporarily idle some frac sand capacity in Wisconsin, due to
competition from in-basin sand supplies in Texas and