"The Basin is uniquely positioned with quality sand reserves that are optimal for fracking horizontal wells, particularly in the Winkler Sand Trend between the Midland and Delaware basins ...
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Despite weakness in the U.S. rig count caused by the shift from natural gas to oil/liquids drilling, U.S. Silica CEO Bryan Shinn anticipates demand for the company's sand in hydraulic fracturing ...
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"The silica sand in fthe Sultanate of Oman was found to be ultra-pure; a composition National Renewable Energy Laboratory (NREL) [part of the US Department of Energy] has proven to have ideal thermal properties for its use as a Thermal Energy Storage system. NREL has also proposed a standalone sand-TES concept, which offers …
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It is very durable and provides a crush-resistant material used in oil and gas industries for hydraulic fracturing (also called "fracking). Proppants used in the petroleum industry must meet very demanding specifications. The typical characteristics of high quality frac sand include: High-purity silica sand
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Commercial silica producer US Silica Holdings has acquired frac sand mining and logistics company Mississippi Sand for $95.4m. Silica has applications in the oil and gas industry. The acquisition comprises a sand mine and plant with a production capacity of 1.2 million tonnes per annum.
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US Silica Holdings has unveiled plans to build a second frac sand mine and plant in West Texas to serve oil and gas clients in the Permian Basin. On a 3,500-acre site located 60m north of Midland, near Lamesa, Texas, the new $150m facility is expected to produce around 2.6 million tonnes per annum.
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In June, US Silica Holdings Inc. (SLCA) announced plans to build a new frac sand mine and 4 million ton per year plant in the Permian for $225 million. The …
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Frac sand for use in the petroleum industry has been produced in Wisconsin for over 40 years. However, the demand for frac sand has increased exponentially in the past two to three years. Wisconsin has approximately 60 mining operations involved in extraction of frac sand and approximately 30 processing facilities operating or under …
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Funds managed by affiliates of Apollo Global Management Inc. will buy frack-sand provider US Silica Holdings Inc. for $1.21 billion, the latest in a wave of acquisitions in the shale industry.. US Silica investors will receive $15.50 in cash for each share of common stock, the company said Friday in a statement.The purchase price …
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US-based energy services company ProFrac has signed an agreement to acquire oilfield service company US Well Services (USWS), in a stock-for-stock transaction. Under the terms of the transaction, USWS shareholders are expected to receive 0.0561 shares of ProFrac Class A common stock for each USWS common share held.
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"It's a gold rush. Demand for frac sand is jumping through the roof." Fracking an average well in the Marcellus Shale region alone uses about 7 million pounds of sand, worth an estimated $175,000 each to US Silica. The company's average cost of production, as gleaned from its prospectus, is only $25 a ton while it can sell the sand …
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Frac sand, also known as proppant, is a type of sand that is used in the hydraulic fracturing process to extract oil and natural gas from shale rock formations. The sand is made up of high-purity silica and is specially processed to meet the size and shape specifications required for the fracking process. The fracking process involves injecting a mixture of …
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We will also discuss additional factors that affect frac sand demand and conclude with the benefits of quality frac sand mining material. By understanding the current market conditions and planning …
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The most common proppants are produced from high quality silica and sand deposits and are known as frac sand. In order to be used as frac sand, the naturally occurring silica sand must exhibit many unique natural qualities, …
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Producer and supplier of frac sand with over 70 million tons of reserves of Northern white sand for proppants. ... AR, American Silica is uniquely positioned to offer bulk deliveries via rail, truck, or barge to most of the major oil and gas basins at very competitive prices. Learn more about us. Achieve better well performance with higher ...
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Alpine Silica, ProFrac's proppant production segment and wholly owned subsidiary, operates frac sand reserves and produces five different sand products throughout Louisiana and Texas.
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article will use the more diplomatic and scientific term "silica sand." Frac sand is a specific type of silica sand, and most of the health and environmental issues associated with silica "frac" sand mining operations are of equal concern for all types of silica sand mining. See generally Silica Sand Mining in Wisconsin, WIS. DEP'T OF ...
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Specialty Chemical distributor Di-Corp is breaking ground on a new 30-acre terminal to distribute sand used in fracking in Western Canada
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Newly released research from the U.S. Geological Survey describes U.S. hydraulic fracturing (frac) sand deposits and their locations, and provides estimates of frac sand …
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ABOUT US Alpine Silica is the largest, most reliable provider of in-basin sand in North America. Alpine Silica, a subsidiary of PF Holdings, is located in the most prolific oil and gas regions across the U.S., including …
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Conversely, in the Bakken, Marcellus and Rockies basins, Northern White Sand will meet nearly all of the frac sand demand. In these regions, the poor quality of local sand and topography that increases the cost to mine sand in basin make the N orthern White variety preferable to in-basin sand, Moody's said.
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New Delhi, Feb. 22, 2024 (GLOBE NEWSWIRE) -- The global washed silica sand market, valued at US$ 6.12 billion in 2023, is projected to double to US$ 12.13 billion by 2032.This significant growth ...
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The silica sand prevalent in the region features granule sizes ideal for oil fracking. Mining companies dig into limestone beds in search of Northern White or Ottawa silica sands.
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Alpine Silica Holding has confidentially filed to go public in the United States, parent company ProFrac Holding Corp said on Thursday. ProFrac's move to tap U.S. capital markets for the unit ...
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The frac sand pumping market has been telling us for some time that we need to look to expand. I think the partnership of Superior Silica Sands, CN and Di-Corp will be well positioned to meet this growing need. This facility is a close replication of the existing facility we have in the Grand Prairie area."
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The frac sand industry has until June 23, 2021, to bring silica dust down to the levels specified by the new standard (below 25 micrograms per cubic meter during an average employee's workday). While the enforcement date may seem far off now, the nature of hydraulic fracturing operations is such that these businesses should start …
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Sand delivered. Headaches averted. SandBox is the innovative, cost-effective way to store, handle and transport sand to your well. As a U.S. Silica company, we're uniquely positioned to offer a ground-to-ground, …
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Capital Update. As of September 30, 2023, the Company had $222.4 million in cash and cash equivalents and total debt of $867.6 million.The Company's $150.0 million Revolver had zero drawn with $20.8 million allocated for letters of credit and availability of $129.2 million.During the third quarter of 2023, the Company generated $76.7 million in …
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FREDERICK, Md., July 18, 2016 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced an agreement to acquire a leading regional sand producer for approximately $210 million, subject to certain adjustments at closing. The transaction will be funded using a combination of cash on hand (57%) and restricted stock (43%).The …
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So, if an estimated 42,734 new wells – each well requiring a minimum of 5,000 tonnes of silica sand – are needed to meet the anticipated demand for the planned expansion of natural gas that these new BC LNG facilities require, this means approximately 213.6 million tonnes of silica sand will be consumed by all these new …
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