U.S. Silica Holdings Inc., one of the largest sand providers in the onshore, reported double-digit growth for oil and gas volumes as more mining facilities opened in its largest service area, the Permian Basin.
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Dallas-based Pioneer Natural Resources Co., one of the largest Permian Basin producers, has secured fracture sand reserves near its West Texas operations in a 15-year deal with U.S. Silica Holdings Inc.
Fracture sand specialist U.S. Silica Holdings Inc. has acquired Mississippi Sand LLC, a Missouri-based sand mining and logistics company, a transaction that adds 1.2 million tons of annual capacity.
A state-of-the-art sand mine and plant in West Texas, envisioned for months to serve the voluminous growth in the Permian Basin, is underway, U.S. Silica Holdings Inc. said Tuesday.
The oilfield services industry has been mangled, chewed up and spit out since commodity prices began tumbling in late 2014. Like a champ, operators picked themselves up and fought back by revamping customer contracts, improving efficiencies and costs, and as they have always done, delivering ever-better technology.
Halliburton Co., which performs more pressure pumping in North America than any other oilfield services provider, said it moved with U.S. Silica Holdings Inc. the largest sand unit train of its kind to date, traversing a route from Illinois to Texas.
U.S. Silica Holdings Inc. is spending $210 million for an East Texas proppant sand facility to beef up its customer base in the Haynesville and Upper Eagle Ford shales and is eyeing an expansion into Oklahoma’s stacked reservoirs, CEO Bryan Shinn said Tuesday.
An Emerge Energy Services LP subsidiary has acquired 94 million tons of northern white silica sand reserves in Jackson County, WI, from a unit of Seventy Seven Energy Inc.
On a roll in the proppant industry, which has been expanding rapidly to support the North American shale boom, Frederick, MD-based U.S. Silica Holdings Inc. on Wednesday said it has signed a stock purchase agreement to acquire Voca, TX-based Cadre Services Inc., a regional sand mining company.