Royalblood + 14 MJ July 10, 2018 Read recently that a bunch of companies have all piled into West Texas for the frac sand, and all combined they are planning to mine 22 million tons this year to sell to shale drillers in the Permian Basin. I have long thought this was the overlooked back door, but have never quite been sold on the numbers. Quote Share this post Link to post Share on other sites
TraderTate + 186 TS July 10, 2018 Why hasn't anyone run on this before? Why is West Texas sand only just now on the radar? Quote Share this post Link to post Share on other sites
Sefko Trafikant + 35 ST July 10, 2018 because it was worthless just two years ago Quote Share this post Link to post Share on other sites
Joanna + 68 JT July 10, 2018 and local economy is blooming Quote Share this post Link to post Share on other sites
Cokiga Damke + 53 CD July 10, 2018 For many U.S. drillers, the construction of these West Texas sand mines would eliminate the need for expensive rail transportation from white sand mines in Wisconsin, shedding up to 40 percent of the cost of getting sand to fracking sites scattered across the Permian Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT July 10, 2018 Just now, Cokiga Damke said: For many U.S. drillers, the construction of these West Texas sand mines would eliminate the need for expensive rail transportation from white sand mines in Wisconsin, shedding up to 40 percent of the cost of getting sand to fracking sites scattered across the Permian 40 percent is a lot Quote Share this post Link to post Share on other sites
Ajan Bosnjacki + 27 AB July 10, 2018 West Texas sand is a finer grade than traditional Midwestern sand and, even though questions remain about how the finer sand will affect wells in the long term, findings by oil companies show the more fine-grade sand is pumped down a well, the more oil it produces. 1 Quote Share this post Link to post Share on other sites