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Frac-Sand Supplier Covia Files for Bankruptcy Ohio company seeks chapter 11 protection after reaching a restructuring deal with its term-loan lenders By Aisha Al-Muslim June 30, 2020 4:30 pm ET ...
Steve Straughen suffered life-altering injuries when a frac tank he was working on exploded and he was thrown in the air. Now, Straughen has just won a $30 million judgment in Colorado federal court.
As a result, frac spreads finished 3% higher, to close at $25.40 per barrel, compared to $24.78 the previous week. Note: The custom frac spread is based on assumptions provided by Ceritas Group.
Aug 24 (Reuters) - Halliburton (HAL.N) failed to convince a U.S. federal jury on Thursday that a unit of rival oilfield services company ProFrac (ACDC.O) infringed its electric-fracking patents.
Deal maker Richard Ong made his first deal for his new fund, teaming up with Temasek to buy 70% of Frac Tech, a major provider of pressure-pumping equipment for the U.S. oil-and-gas industry.
However, speed brings new challenges. Triple-frac requires 60% more water and sand per day, creating intense logistical demands — with over 10 trucks an hour delivering sand to each well site.
Frac sand miner Jordan Sands in North Mankato was pushed into receivership recently after its banker declared a loan default. A few months earlier, Minnesota's largest frac sand producer by far ...
Chevron to 'triple-frac' half of Permian oil wells in 2025 to cut costs, time By Sheila Dang April 9, 20253:10 AM PDTUpdated April 9, 2025 ...
One of the key reasons actually predates the war in Ukraine: the special sand required for hydraulic fracturing (frac sand) in shale oil production has gotten a lot more expensive. Frac sand is ...
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