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Fairmount Santrol Second Quarter Results Promising

Fairmount Santrol announced results for the second quarter ended June 30, 2017. Second-quarter 2017 revenues were $233.2 million, up 35 percent from $172.6 million in the first quarter of 2017 and up 104 percent from $114.2 million in the second quarter of 2016.

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Vista Opens Transload Facility in Pecos, Texas

Vista Proppants & Logistics (VPROP) has commenced commercial transload operations in Pecos, Texas, the newest addition to its terminal network. The facility has approximately 21,000 ft. of rail track that can hold two, 130-car unit trains and will be used for rail-to-truck frac sand transloading services.

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OmniTRAX, SamSand Build Mine-to-Well/Hub-and-Spoke Network

Arrows Up LLC, the bulk-material-transport affiliate of OmniTRAX Inc., announced an agreement with SamSand, a mining operation in Garland City, Ariz. The companies are building what they call “a unique mine-to-well/hub-and-spoke network that will move frac sand to several oil and gas operators in Northern Louisiana faster and at a lower cost.”

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U.S. Silica Acquires Mississippi Sand

U.S. Silica Holdings Inc. has acquired Mississippi Sand LLC, a frac sand mining and logistics company based in St. Louis, for $95.4 million in cash. The plant, located in Festus, Mo., is capable of producing 1.2 million tons annually of mostly fine grade sand. Nearly two-thirds of its total production is 40/70 mesh that is in the highest demand today from customers. The plant can be expanded to 1.6 million tons of production per year with a modest capital investment.

Read more: U.S. Silica Acquires Mississippi Sand