Shale Support, a number one supplier of frac-sand and logistical options to the oil and gasoline proppant market, introduced it has closed on a deal buying two pure mines in Kinder and Central Louisiana. This enlargement provides 2.zero million tons of nameplate capability to Shale Support, rising the group’s complete capability to five.zero million tons yearly.
“We’ve been an ‘in-basin’ supplier of sand since 2014,” mentioned Jeffrey B. Bartlam, President and Co-Founder. “Shale Support’s geographic proximity to the Haynesville, Austin Chalk and Eagle Ford Shale areas, along with our means to make use of Norfolk Southern as a single haul service to the Northeast, has all the time allowed us to offer a superior product at a lower cost level than our competitors. This enlargement permits us to proceed our technique of being the high-quality, low-cost proppant provider to the Haynesville, Austin Chalk, Marcellus/Utica and Eagle Ford shale performs.”
Kevin Bowen, Co-Founder and CEO, added, “It’s been tough for Shale Support to search out acquisition alternatives which keep the clear, single digit turbidity product high quality necessities of our group. These two mines produce a clay-free, white sand that may keep the stringent product requirements of our model, Delta Pearl, and can be an ideal resolution for the massive demand improve that we see coming from elevated Austin Chalk exercise.”
Shale help anticipates rising the 2 mine’s capability to three million tons by the primary quarter of 2019, which can give the group 6 million tons of capability.
Shale Support mines Delta Pearl from its properties in Picayune, Mississippi. Delta Pearl is the frac sand of alternative amongst operators and third-party suppliers with operations within the Marcellus/Utica, Permian, Eagle Ford and Haynesville/Tuscaloosa shale performs. (Source and Image: Shale Support / Deata Pearl frac sand mine)

The put up SHALE SUPPORT BUYS TWO SAND MINES IN LOUISIANA appeared first on Energy Global News.

Read more at Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here