Midstream
US Silica
12 articles mentioning US Silica
US Silica President Resigns from Company
U.S. Silica Holdings, Inc. announced that Brad Casper has resigned from his position as the Company's President to pursue other opportunities effective August 31, 2020. No other information was provided.
US Silica to Cut Workforce by 10%, Idle Two Frac Sand Plants
U.S. Silica has plans to cut its workforce by ~10%, according to multiple reports. The layoffs will affect approximately 230 employees. The company estimates it will save ~$20 million in expenses as a result of the...
U.S. Silica, Frac Sand Prices Falling off The Cliff
US Silica today reported its 3Q 2019 operational update and we couldn't help but notice how the $cost per ton basically fell off the cliff. See the picture below. Margins in the business fell 29% sequentially...
Pioneer Inks Long-Term Sand Supply Deal with US Silica
Pioneer Natural Resources and U.S. Silica Holdings have entered into a long-term sand supply agreement by which Pioneer will purchase an interest in U.S. Silica's sand reserves at its Lamesa, Texas, mine in West Texas. This...
US Silica Building Second Permian Frac Sand Facility
US Silica plans to build a second frac sand mine and plant in the Permian. This follows the construction of the company's first Permian frac sand mine, announced in July 2017. The facility will be located...
U.S. Silica Releases Q1 2017 Update
U.S. Silica released Q1 update. Highlight include: Revenue of $244.8 million up 34% sequentially Tons sold in Oil and Gas segment up 22% sequentially 67% of Oil and Gas tons sold in basin- Tons sold totaled...
U.S. Silica Building New Permian Frac Sand Mine
U.S. Silica plans to construct a new frac sand mine in the Permian. The new facility is expected to produce approximately 4 million tons annually and cost $225 million. Construction will begin immediately and initial production...
US Silica; Proppant Sold Increased 80% YoY
[Summary: Revenue for the quarter totaled $193.0 million compared with $73.9 million in the same period in 2016, an increase of 161% on a year-over-year basis and an increase of 41% sequentially from the fourth quarter...
US Silica Expands, Purchase 327 Acre Land In Illinois
U.S. Silica Holdings, Inc. has completed the purchase of a fully permitted, 327-acre parcel of land adjacent to its existing silica sand mine and plant in Ottawa, Illinois. The company plans to use the land for...
US Silica and Union Pacific To Build Permian Frac Sand Facility
U.S. Silica and Union Pacific Distribution Services, a subsidiary of Union Pacific Railroad, plan to develop a 20,000-ton frac sand storage facility
U.S. Silica Signs Frac Sand Agreement
U.S. Silica Holdings, Inc. announced that it has signed a multi- year agreement with Wildcat Minerals LLC which provides the Company with potential sand storage and rail capacity at 16 of Wildcat’s sand storage facilities,
U.S. Silica and BNSF Railway Partner to Build Frac Stand Storage In Eagle Ford Shale
U.S. Silica Holdings, Inc. announced an innovative alliance with BNSF Railway Company (BNSF) to build a new silica sand storage facility in San Antonio, TX, that will support the rapidly growing oil and gas extraction industry...