Frac Sand latest news

  • December 2016

    Select Sands appoints new president, ceo

    23 December 2016

    Zigurds "Zig" Vitols will replace Rasool Mohammad as president and ceo at Select Sands as the company moves towards full production.

  • UK rules in favour of Third Energy fracking permit

    20 December 2016

    Despite opposition from environmental campaigners, the UK's High Court has ruled that a permit awarded to Third Energy for fracking in North Yorkshire is valid, leaving the company free to go ahead with tests to determine the viability of oil and gas extraction at the site.

  • Industrial minerals in the new Trump era

    15 December 2016

    Trump win ‘positive’ for oil and gas sector while uncertainty surrounds the future of renewables. Meanwhile a lack of clarity remains in terms of foreign trade agreements.

  • OPEC agrees to curb oil output

    15 December 2016

    Oil prices rallied following an announcement by OPEC that it would set a production limit of 32.5m bbl/d.

  • Non-OPEC countries agree to oil cuts

    12 December 2016

    Both OPEC and non-OPEC producers have agreed to jointly cut production in the interest of oil producers and consumers.

  • US rig counts continue positive climb

    07 December 2016

    Monthly rig counts were up in almost every region globally, while US rig counts showed positive growth for the fourth week running.

  • Oil price rally slows as doubts creep in over OPEC cuts

    06 December 2016

    Since OPEC's agreement last week to curb oil output, oil prices have rallied to one-year highs. However, November production figures indicate another rise in output from the organisation.

  • DOE labs given funding to advance fracking research

    06 December 2016

    Despite technology advancements in fracking, oil and gas recoveries remain low. NETL has awarded DOE labs with six projects and funding to investigate fracking technology and proppants to help improve the efficiency of oil and gas production.

  • November 2016

    OPEC agrees to curb oil output

    30 November 2016

    Following a ministerial meeting in Vienna, the organisation has announced it will reduce output to 32.5m barrels a day. The much-needed supply cuts could pave the way for an uptick in oil prices, which in turn could help to boost oilfield mineral consumption.

  • Preferred Sands: Permanent proppant shifts

    30 November 2016

    The downturn in the oil and gas sector has caused a shift away from ceramic proppants as E&P firms look to increase productivity and lower costs. IM spoke to Preferred Sands’ Michael O’Neill, who believes a number of these trends are here to stay.

  • Pricing notice: Christmas schedule

    28 November 2016

    The publication of Industrial Minerals’ price assessments will be affected by the Christmas holidays.

  • Athabasca reports Q3 net loss

    21 November 2016

    Canadian aggregates producer Athabasca was hit by wildfire issues and subdued oil and gas activity in the second quarter of this year. While the company has reported a Q3 loss, it noted significant increase in demand sequentially.

  • Fracking application approved for UK energy firm

    15 November 2016

    IGas has been granted planning permission for the development of a hydrocarbon wellsite and the drilling of up to two exploratory wells to assess fracking potential in North Nottinghamshire, UK.

  • Scotland publishes fracking research as it mulls over moratorium

    10 November 2016

    The Scottish government has released a series of reports on the impact of fracking in the country pertaining to economic, environmental and health impacts of the practice. While a moratorium on fracking is currently in place, the government is expected to make a decision on the future of the unconventional oil and gas industry next year, following a public consultation.

  • US Silica sees signs of oil and gas recovery

    07 November 2016

    While the company reported a net loss year-on-year, revenues from its oil and gas segment have increased sequentially on the back of higher frac sand sales. Unfavourable mix issues and pricing pressure continued throughout most of the third quarter.

  • Savings pay off as MTI boosts earnings

    04 November 2016

    Some key end markets such as oil and gas and steelmaking remained sluggish and affected overall sales, but the company saw improvement in earnings in Q3.

  • Fairmount Santrol sees sequential improvement in revenues

    04 November 2016

    Although uncertainty continues to prevail in the oil and gas sector, the company saw frac sand volumes and revenue improve on a sequential basis, indicating early signs of improvement in the proppant market.

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