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Frac sand firm Vista Proppants and Logistics filed for Chapter 11 bankruptcy protection on Tuesday stating it has around $500 million of liabilities, according to court documents.The Fort Worth ...
In 2017, Brigham founded and continues to serve as the Executive Chairman of Atlas Energy Solutions (NYSE: AESI), a frac sand miner. Atlas went public in 2023 with a market capitalization of $1.8 billion, [8] continues to trade on the NYSE today, and is the largest proppant producer in the United States.
One manufacturer has claimed untreated sand fines production to be 23.9% compared with 8.2% for lightweight ceramic and 0.5% for their product. [3] One way to maintain an ideal mesh size (i.e. permeability) while having sufficient strength is to choose proppants of sufficient strength; sand might be coated with resin, to form curable resin ...
They went on to found an early hydraulic fracking company, Frac Tech, in 2002, and eventually became billionaires. In 2011, they sold their 70% interest in Frac Tech for $3.5 billion. They reside in Cisco, Texas.
Vulcan is the largest producer of construction materials, primarily gravel, crushed stone, and sand, and employs approximately 12,000 people at over 400 facilities. Vulcan serves 22 states, the District of Columbia , Mexico , Canada , Bahamas and the U.S. Virgin Islands .
An owner-operator is a small business or microbusiness owner who also runs the day-to-day operations of the company. Owner-operators are found in many business models and franchising companies in many different industries like restaurant chains , health care , logistics , maintenance, repair, and operations .