Frac Sand latest news

  • September 2016

    UK Labour government to ban fracking if elected

    26 September 2016

    While the UK’s current Conservative party has implemented policies to speed up fracking and accelerate the UK’s energy independence, the potential future Labour party has pledged to ban the oil and gas extraction process if elected in order to focus on clean energy.

  • Smart Sand looks to raise $100m

    20 September 2016

    Frac sand producer Smart Sand will use the proceeds from a planned IPO to repay debt and redeem outstanding preferred shares as the company looks to triple its capacity. The recent uptick in oil prices is generating increased activity in the frac sand space, but market participants have questioned whether the increase is sustainable.

  • Frac Sand '16: Shift to brown sand

    14 September 2016

    As low oil prices force market participants to reduce costs as much as possible, a demand shift towards brown sand has been noticed in the market, according to speakers and delegates IM’s Frac Sand conference in Minneapolis this week.

  • Frac sand '16: More consolidation ahead

    14 September 2016

    The wave of restructuring and bankruptcies seen in the US fracking sector since the decline in the oil market is not over, according to John Daniels, director of Simmons and Company.

  • Hi-Crush reopens frac sand plant

    13 September 2016

    The amendment of customer contracts has given the company higher visibility of demand, prompting the reopening of Hi-Crush's Augusta facility in Wisconsin, US.

  • Frac Sand '16: Role of oilfield services increasingly important

    13 September 2016

    The downturn in the oil and gas sector has altered the structure of the industry, with management consultancy Bain noting that partnerships between oilfield services and equipment providers and E&P firms are growing in importance.

  • Frac Sand '16: In-basin supply key to company survival

    13 September 2016

    While the market is currently dominated by a handful of large producers, Headwaters MB predicts that cost cutting will lead to smaller frac sand companies supplying basins closest to them.

  • Frac Sand '16: Oil prices unlikely to be above $50 until 2018

    13 September 2016

    A number of constraints, such as increases in oil output as new projects come online in 2017 and an anticipated mild winter, are likely to delay sustained price increases in oil and gas. This in turn is likely to keep drilling activity low and weaken demand for oilfield minerals like frac sand, barite and bentonite.

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