Hi-Crush Inc.
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Hi-Crush Inc. is a fully-integrated provider of proppant and logistics services for hydraulic fracturing operations, offering frac sand production, advanced wellsite storage systems, flexible last mile services, and innovative software for real-time visibility and management across the entire supply chain.
Editor's note: Updated Dec. 7, 2020.
News
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.
Atlas Energy Solutions to Buy Hi-Crush, Consolidating Permian Services
The $450 million deal effectively connects Atlas Energy Solutions’ Delaware Basin logistics and proppant offerings with Hi-Crush’s operations in the Midland Basin.
Hi-Crush to Deploy Mobile Frac Sand Unit with Pioneer Natural Resources
Hi-Crush said it is deploying a second mobile damp sand mining unit with Pioneer Natural Resources following successful operations with the company in September 2022.
Hi-Crush Appoints Dirk Hallen CEO to Lead New Executive Team
Hi-Crush successfully emerged from bankruptcy in October as part of a financial restructuring that eliminated about $450 million of debt from its balance sheet.
Oil Analysts See More Challenges Ahead for Growing Bankruptcies
About $140 billion worth of debt is due to mature between 2020 and 2022 in the U.S. oil and gas market, analyst says.
Hi-Crush Becomes Latest Frac Sand Supplier to Enter Bankruptcy
Houston-based Hi-Crush entered into a restructuring support agreement with certain noteholders for a prearranged plan, which, if implemented, will result in the elimination of approximately $450 million of unsecured note debt.
Shifting Sands
The integration of the proppant supply chain is key to better well economics.
IndustryVoice
IndustryVoice: Improving Frac Economics with Integrated Proppant Logistics
Cutting proppant cost and complexity depends on innovation across the entire supply chain, from facilities to equipment and software.