What’s going on? Less than 4 months ago in early October, WTI was $77/B and some international banks and trading houses said it was going to $100/B! Just over 2 1/2 months later, on the day before Christmas, WTI had fallen to $42/B. The Wall Street Journal kept saying it was all because of a glut in supply, which suggested strongly to the reader that WTI would go even … [Read More]
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Sponsored Post: Machinery Auctioneers
It’s the new year, the industry is BOOMING and we have the deals to take your business to a whole new level. Massive 2-day Public Auction Simulcasted in Odessa Texas … [Read More]
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Sands of Time
Care and Grooming of a Frac Sand Mine An acute driver shortage can almost be categorized as infrastructure challenge as well. By Paul Wiseman Reminiscent of the 1889 Oklahoma Land Rush, the 2018 Permian Basin sand rush saw excited investors descend on the … [Read More]
Shifting Sands
In less than 10 years, frac sand sourcing has migrated from Wisconsin/Illinois to Brady to local basins, and cut fracturing costs by millions in the process. Meanwhile, expect another sand boom. By Paul Wiseman While hydraulic fracturing traces its … [Read More]
Basin Oilman by Choice
George H.W. Bush took his family and his fresh Yale degree and spurned the hoity-toity of the blueblood, patrician Eastern seaboard life he knew, to plunge himself into the redblooded, gritty, bootstrap worklife of the Permian Basin. Official portrait of … [Read More]
