More Frac Markets - Frac Sand/Proppant News

Smart Sand Inc. First Quarter 2022 Results
Smart Sand, Inc. announced results for the first quarter 2022. Highlights: 1Q 2022 revenue of $41.6 million 1Q 2022 total tons sold of approximately 852,000 2Q 2022 total…

Mammoth Energy Services First Quarter 2022 Results
Mammoth Energy Services, Inc. reported financial and operational results for the first quarter ended March 31, 2022. Financial Overview for 1Q22: Total revenue was $62.3 million for the…

Source Energy Services First Quarter 2022 Results
Source Energy Services Ltd. reported its financial results for the three months ended March 31, 2022. Q1 2022 Highlights: realized sand sales volumes of 726,101 MT, a 12%…

Frac Sand Supplier Covia Files for Chapter 11 Bankruptcy
Covia has filed for chapter 11 bankruptcy in an effort to reduce its debt burnden by $1 billion. Covia's U.S. operations will also continue in the ordinary course…

Frac Sand Company, Hi-Crush Preps For Bankruptcy
Hi Crush reported in its most recently Q1 filing that it will see bankruptcy protection. Here is what the company said. "The Company has engaged advisors and has…
Canada News

Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…

These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…

Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…

Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
North America News

Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…

Permian Resources to Grow Production 6% in 2026
Permian Resources exited 2025 as the largest pure-play Delaware Basin operator with ~480,000 net acres and >105,000 net royalty acres. The company averaged 392.6 MBoe/d in 2025, including…

Battalion Oil Closes ~$60M West Quito Draw Asset Sale
Battalion Oil Corporation has closed the sale of its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources LLC, a subsidiary of MCM Energy…

Deal Rumor: ConocoPhillips Exploring $2B Permian Asset Sale
ConocoPhillips is reportedly exploring the potential sale of certain Permian Basin assets in a transaction valued at approximately $2 billion, according to Reuters, citing sources familiar with the…

This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
