Select Sands Corp. said Dec. 5 that its 100% owned subsidiary, Select Sands America Corp., has entered into a three-year supply agreement with a large-cap exploration and production company in the Eagle Ford Basin. The contract is for the supply of Select Sands’ 100 mesh product.
“Our strategy of serving the Eagle Ford basin operators and pressure pumpers more efficiently with our new transload capabilities in George West, Texas comes to fruition with the signing of this contract with this large-cap exploration and production company,” Zig Vitols, Select Sands president and CEO, said.
“This supply agreement will provide Select Sands with guaranteed minimum purchases of our proppant while providing the operator with a reliable, high-quality proppant near their wells, providing them last-mile cost savings. With the signing of this agreement, both companies ensure that high quality 100 mesh Northern White Sand will be used to achieve production results that successful exploration and production companies are aiming for,” Vitols added.
Recommended Reading
Noble’s $1.59B Diamond Offshore Acquisition Clears Antitrust Hurdle
2024-07-28 - Noble Corp.’s acquisition of Diamond Offshore Drilling still requires approval by Diamond shareholders as well as regulatory authorization in Australia.
Tesla to Pause Plans for a Mexican Plant, Impacting Mexico's Nearshoring Appeal
2024-07-25 - Tesla, which announced plans in 2023 to build a $5 billion gigafactory in northern Mexico, is now pausing development activities until after the U.S. presidential election, its CEO Elon Musk said during the EV maker’s second quarter 2024 webcast.
Safeguarding the Trend of Accelerating CCUS Adoption
2024-07-24 - Policy pushes meet industry pull, positioning CCUS for takeoff.
Bipartisan Bill Aims to Speed Up Permitting Bureaucracy
2024-07-23 - If passed, the new rules would tackle litigation delays for energy projects across all sectors, an analyst says.
Pitts: Oh, What a Tangled Web the Supermajors Weave
2024-07-23 - Exxon and Chevron and Guyana and Venezuela—‘Let’s Make A Deal’ meets ‘Love, South American Style.’