Frac Sand latest news

  • December 2014

    Silica sand demand to hit 291m tonnes by 2018

    30 December 2014

    According to the latest predictions from The Freedonia Group, silica sand demand is expected to growth driven largely by China's construction sector - which consumes the mineral in glass production - and the continuing growth in fracking in North America, where silica sand is used as a proppant in the extraction of shale oil and gas. However, though some growth will be limited by a focus on glass recycling, concerns have been aired regarding a silica sand shortage as the US logistics network struggled to cope with the rapid increase in demand in 2014.

  • North Carolina expected to lift fracking moratorium; limited shale gas potential

    29 December 2014

    Fracking has been a huge driver for oilfield minerals such as frac sand, bentonite and barite (barytes). The latest decision by North Carolina is positive as, even though the state has limited shale resource potential, it could set an example to other states considering the same. New York state’s recent outright banning of fracking has also been met with criticism that it is overly cautious.

  • New York latest state to outlaw fracking

    18 December 2014

    The state’s decision to definitively ban the practice is unlikely to curtail the US’s shale petroleum production potential to a significant degree, but the pro-fracking lobby is concerned that opposition movements are gaining momentum.

  • US Department of Labour highlights fracking and drilling hazards

    17 December 2014

    The US’s worker safety agency has long been the authority on the dangers of frac sand mining, linking it to respiratory illness. However, this new report uncovers other dangers which could influence working practice.

  • MGX forms strategic alliances for magnesite and silica sand projects in Canada

    04 December 2014

    Following a strategic alliance with two TSX-V listed investors, the Canadian junior strengthens its finances to continue developing its magnesite project and enters a joint venture for a potential high-purity silica project in British Columbia, which is an opportunity to diversify its mineral portfolio.

  • Video News: Rare Earths industry hopes pinned on the automotive market

    01 December 2014

    Forecast expansion in motor magnets and catalysts consumption in cars; US ITC removes antidumping duties on imports of Chinese refrigerants; TiO2 market under pressure due to lack of demand from China’s construction industry.

  • November 2014

    US frac sand consumption to continue soaring in 2015: Moody’s

    27 November 2014

    2014 frac sand demand slated to be up 50%; producers plan mine expansions; frackers shift to white sand over resin coated

  • Halliburton buys Baker Hughes to create oilfield services champion

    27 November 2014

    Both to operate under one large Houston-based company

  • Ineos to potentially invest $1bn in UK shale gas exploration

    20 November 2014

    The investment is subject to the granting of shale licences in Scotland. Should exploration lead to production, the company plans to invest further into the industry in the next 5-6 years, and could result in increased demand for minerals such as frac sand, barite and bentonite.

  • Ceramic proppant prices flat in North America

    20 November 2014

    Level price conditions despite rising consumption stand in contrast to rising frac sand values

  • Halliburton to create global oilfield services champion through Baker Hughes purchase

    17 November 2014

    Halliburton's purchase of Baker Hughes will create one large Houston-based global oilfield services provider which is expected to yield annual cost synergies of almost $2bn. Better solutions to the oil and gas industry could increase activity in the sector, which, in turn could increase demand for oilfield minerals such as frac sand, barite (barytes) and bentonite.

  • Victory Nickel 7P frac sand plant ready to steam ahead at full capacity

    17 November 2014

    The company posted positive results as it begins to ramp up production at its frac sand plant in Alberta, recording “tremendous” demand for Northern White frac sand. Positive demand has also resulted in the approval of its second stage of developing the frac sand business, as well as offtake agreements for its products.

  • Video News: UK looks to shale development as new onshore oil and gas colleges approved

    17 November 2014

    First UK shale colleges approved; Chinese province to produce graphite again after one-year suspension; Imerys SA acquires S&B Minerals

  • Smart Sand Partners LP files for $100m IPO

    14 November 2014

    Clearlake may be wishing that it had put Smart Sand up for an IPO at the end of the summer, when frac sand companies were riding high on the stock markets. The outlook for frac sand producers, however, is still looking very positive, with strong competition for supply.

  • US frac sand consumption to continue soaring next year: Moody’s

    13 November 2014

    Diving oil prices have led some commentators to believe that frac sand consumption may wane. However, as we are increasingly seeing, this is not the case. Not only are more service users turning to frac sand in lieu of ceramic proppants, but as more wells come online, so the demand increases - a trend Moodys has highlighted in this report.

  • Report uncovers environmental violations at Wisconsin frac sand sites

    11 November 2014

    The shale gale revolution sweeping the US has meant that a large number of silica (frac) sand mines have opened. There is strong opposition to a lot of these projects and this latest report could see legislators clamping down on named violators.

  • Oilfield minerals market uncertain following oil price falls

    07 November 2014

    The US fracking boom could slow down if oil prices fall further, owing to the higher cost/barrel of unconventional wells.

  • Hi-Crush results show demand for frac sand still strong

    04 November 2014

    The latest results from Hi-Crush show that frac sand consumption remains robust and the company, as the only one with rail capacity, is well placed to exploit this.

  • IM Oilfield minerals News in Brief

    03 November 2014

    CanFrac see return on Saskatchewan frac sand, barite sales impact Newpark bottom line, bentonite rail terminal discussed

Refine by month