Articles Tagged with ''proppants''
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CARBO Ceramics Proppant Used by all Super Majors in Gulf of Mexico

According to CARBO, this technology results in higher production and estimated ultimate recovery (EUR), maximizing the operator’s return on investment.
August 1, 2017
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CARBO Ceramics Inc. recently announced that its KRYPTOSPHERE® HD has been used by all of the leading six (super major) oil and gas exploration and production companies (E&Ps) operating in the Gulf of Mexico, for deep, high-stress wells. 


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U.S. Silica to Build Frac Sand Facility in the Permian Basin

Construction will begin immediately, and initial production is scheduled for late in the fourth quarter of 2017.
June 19, 2017
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U.S. Silica Holdings, Inc. recently announced that its board of directors has approved the construction of a new state-of-the-art frac sand mine and plant in West Texas to serve the rapidly growing Permian Basin.


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Frac Sand Continues to Dominate Proppants Market

Increasing proppant consumption per well and improvements in fracturing technologies are the major factors expected to drive the proppant market.
May 31, 2017
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The global proppants market is projected to reach $9.87 billion by 2022, growing at a compound annual growth rate (CAGR) of 6.9% between 2017 and 2022.


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CARBO Sees Revenue Growth in 2017 First Quarter

Reported revenues for the first quarter of 2017 increased 5%, or $1.6 million, compared to the same period in 2016.
May 10, 2017
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CARBO Ceramics Inc. recently reported revenues of $34.7 million and a general accepted accounting principles (GAAP) pre-tax loss of $32.2 million for the quarter ended March 31.


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Fourth Quarter 2016 Revenue Increases 34% for U.S. Silica

Revenue in the fourth quarter of 2016 totaled $182.4 million, compared with $136.1 million for the same period last year.
March 8, 2017
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U.S. Silica Holdings, Inc. recently announced a net loss of $6.9 million for the fourth quarter ended December 31, 2016, compared with a net loss of $15.3 million for the 2015 fourth quarter.
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