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Hi-Crush Becomes Latest Frac Sand Supplier to Enter Bankruptcy

2020-07-13 23:30:00| OGI

Houston-based Hi-Crush entered into a restructuring support agreement with certain noteholders for a prearranged plan, which, if implemented, will result in the elimination of approximately $450 million of unsecured note debt.

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Frac Horsepower Utilization Falls Alongside Sand Demand

2020-05-13 19:30:19| OGI

Analysts say signs of market recovery for U.S. shale are emerging, with some improvement expected later this year for frac companies and sand suppliers.

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In US Shale Bust, Frac Sand Miners Are the New Coal Companies

2020-05-08 11:10:00| OGI

But the shale bust in early March has turned the frac sand mining business into the new coal. As U.S. oil prices plunged, sand suppliers have shut mines, dismissed workers and slashed operations.

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Friction Reduction with Sand Transport

2020-04-01 13:00:00| OGI

Eagle Ford wells saw a reduction in treating pressure after dry friction reducer stages.

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U.S. Silica to Idle Northern White Frac Sand Mine

2020-03-25 14:23:38| OGI

U.S. Silica Holdings Inc. on March 24 revealed annualized SG&A cost reductions of approximately $20 million in response to the recent drop in oil prices and the expected decline in drilling and completion activity in North American shale over the coming quarters.

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