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Frac Sand Weekly News Digest

Published: January 10, 2018 | Issue #149

Uresti co-defendant Bates pleads guilty to money laundering, other charges

Former FourWinds Logistics CEO Stan Bates pleaded guilty Monday to eight felony charges, including securities fraud and money laundering, in the criminal case where he’s a co-defendant with state Sen....
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Local freight railroad breaks record

A local wheat and flour mill and the natural gas industry helped produce a record year for the regional freight railroad system that runs in Lackawanna and Monroe counties.
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World rail freight news round-up

Finland's first open access operator Fenniarail quadrupled its contracted freight volumes with the start on January 4 of a contract to haul 30 000 wagonloads/year of imported birch from the...
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Canadian National outpaces industry in 2017 traffic growth

Canadian National regained its mojo in 2017 and was once again the fastest-growing Class I railroad, according to a review of weekly carload reports and data from the Association of...
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Sand & Water Dual-Threat, Icy Permian, Atlas Funded, Rail Snafu, Snow Bomb Dud, And Other Interesting Datapoints To Start Your Year Off Right…

Well, the new year isn’t wasting any time pushing a steady stream of oilfield datapoints across our desk.
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More Sand Makes Big 4 Stronger

The frac sand/silica sand mining sector has come a long way in the last 6 months, and sand stocks in the portfolio are starting to reflect that.
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Future Could Hold More Oil, Gas R&D Focus On Improving Efficiency

Lower oil prices forced companies to put more emphasis on technology and the benefits that could follow with R&D investment.
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U.S. oilfield service firms dust off IPO plans as crude prices surge

U.S. oilfield service companies are gearing up for initial public offerings, according to regulatory filings and analysts, after several shelved equity sales last year during a weak period for oil...
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Crude oil production from seven major shale regions is set to grow by 94,000 barrels a day

The latest forecast from the Department of Energy states that America's shale drillers are poised to ring in the new year with strong growth in the U.S. oil industry. It...
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U.S. gasoline spending expected to rise $25B in 2018

U.S. spending on gasoline is expected to rise by $25 billion this year with fuel prices hitting their highest sustained prices in four years, according to annual projections.
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$3.5 Billion Per Year. That’s How Much Cash Permian Dune Sand Could Save The US E&P Industry

A year from now, 20 new Permian frac sand mines could be operational if all build-out plans unfold as expected. Many risks linger in this story, particularly surety of supply...
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U.S. Silica Announces Promotion of Billy Ray Smith to Senior Vice President and President, Oil & Gas Proppants

U.S. Silica Holdings, Inc. today announced the promotion of Billy Ray Smith to senior vice president and president, Oil & Gas Proppants, effective Jan. 1, 2018. Mr. Smith succeeds Don...
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Smart Sand ships first unit train from Wisconsin transload site

Smart Sand Inc. has moved the first unit train from its expanded unit-train transload facility at its mining operation in Byron Township, Wisconsin.
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Montney, Duvernay drillers get new unit train frac sand delivery terminal as demand grows

Source Energy Services has opened its first unit-train capable delivery terminal for frac sand into the Western Canada Sedimentary Basin as companies deploy bigger fracs for higher results.
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Andeavor acquires Permian crude oil assets, including frac sand assets

Andeavor is set to acquire 100% of the equity of Rangeland Energy II, LLC. Rangeland owns and operates assets in the Delaware and Midland Basins, including a crude oil pipeline,...
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Mapping The Dunes – 6 West Texas Frac Sand Plant Maps

After several recent requests from subscribers, we’ve refreshed a several different looks at the West Texas frac sand scene. Subscribers are able to download maps in pdf form.
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3 frac sand mines open in West Texas, 23 more in the works

A surge in demand for frac sand brought company announcements in 2017 of plans to build sand mines in West Texas, but so far, only three sand mines have opened...
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New mining company aims to follow E&P playbook

As frac sand mines begin to crop up around the Permian Basin, particularly around Monahans, Kermit and Wink, operators are advised to start thinking like oil and gas operators.
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A Chat With Capital Sand Permian About The New Frac Sand Plant Catching Some Folks By Surprise Today

News of another Permian frac sand plant is starting to make the rounds this week. We had a chance to catch up with the company’s president by phone to hear...
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Capital Sand Announces New Permian Sand Mine

Capital Sand is proud to announce its new regional Permian mine, Capital Sand Permian.
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