Submitted by: Submitted by alteclansingbic
Views: 144
Words: 2277
Pages: 10
Category: Business and Industry
Date Submitted: 11/05/2013 05:21 PM
U.S Silica
Oil & Gas Segment
With a broad selection of products from our growing number of mining and transload locations, we're positioned to satisfy the market’s proppant demand.
It means that doing business doesn’t have to be a hassle. We don’t just provide the highest quality proppant—we’ve streamlined our process, so that from initial request to final delivery, you can trust that you’ll get the best product in your hands, on time and on budget.
About U.S. Silica
For over 100 years, U.S. Silica has offered top quality industrial silica products and applications. Our OTTAWA WHITE™, SHALE FRAC™ and NEW Coated Sand Solutions product lines set the industry standard for performance, quality and consistency in whole-grain natural quartz proppants. With a broad selection of products from an ever-growing number of mining and transload locations, we’re positioned to satisfy the market’s proppant demand and are committed to investing in resources that meet expanding customer needs.
Source: Company Wesbsite http://www.ussilica.com/business-segments/oil-gas
Anti-Fracking forces not slowing SLCA, says CEO http://www.ussilica.com/news/anti-fracking-forces-not-slowing-u-s--silica--says-ceo
With our partners, we have created a logistics infrastructure that continues to strengthen our oil and gas segment, our primary growth driver. This infrastructure uses a growing portfolio of plants and transload sites on multiple Class 1 rail lines to cost effectively provide frac sand proppant in-basin to our customers when and where they need it in every North American shale play.
Source: http://phx.corporate-ir.net/phoenix.zhtml?c=247793&p=irol-newsArticle&ID=1864462&highlight=
Frac Sand Demand Outstrips Drilling Actvity
Horizontal Rig Count X Wells per Rig X Lateral Length X Stages per Lateral X Proppant per Stage = Proppant Demand
Growth Drivers:
• Proppant growth has outpaced rig count growth due to higher service intensity and increased horizontal drilling
•...