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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 September 2012, the company acquired plants in Sugar Creek, Missouri and Tulsa, Oklahoma from Lafarge for $446 million. [5] In October 2014, the company acquired CRS Proppants LLC, a frac sand supplier, for $225 million. [6] In February 2017, the company acquired a cement plant in Fairborn, Ohio from Cemex for $400 million. [7]
Hi-Crush Inc (NYSE: HCR), which supplies frac sand and other proppant and logistics services for hydraulic fracking operations, has filed for Chapter 11 bankruptcy protection.Houston-based Hi ...
Nov. 30—Except for the oil and natural gas themselves, one of the oilfield's hottest commodities these days is the sand used to fracture or "frac" the bedrock formations and loosen them up for ...
Founded in 1970, Unimin is one of North America's largest producers of non-metallic industrial minerals. Unimin is the world's leading producer of quartz proppants (frac sand) and a major producer of resin coated sand proppants for oil and natural gas stimulation and recovery, and the largest producer of low-iron nepheline syenite for glass, ceramic, paint and plastic applications.
Though sand is a common proppant, untreated sand is prone to significant fines generation; fines generation is often measured in wt% of initial feed. 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]
These included three "frac sand" facilities (in Montana and Texas) and the mineral rights to a frac sand mine in Wisconsin. OmniTRAX intended to supply frac sand to Broe Group energy development companies as well as to other customers in Bakken Formation of Manitoba, Montana, North Dakota , and Saskatchewan; the Eagle Ford Shale of Texas; and ...
First, vast mines in Wisconsin were the source for high-crush ‘white sand' that would be brought south by rail to terminals in shale plays, and frac sand became a major category of freight for ...