While the shift to in-basin and regional frac sand development has been largely a 2017 theme for some, Preferred’s leadership saw and helped to advance this industry shift years ago. In 2012, Preferred developed its own data aggregation software, NavPort; to study well production throughout the country. It was this data that ultimately drove Preferred’s national in-basin strategy after finding that less expensive, local, fine brown sand yielded similar production results as more costly Northern White sand. As one of the first companies to employ a national in-basin sand strategy, Preferred is driving down the cost of frac sand, while increasing well production. This national in-basin strategy allows Preferred to reduce its dependency on rail and develop frac sand plants closer to the end user, with a majority of its customers within 75 miles of its plants. They process high performance silica sands in multiple gradations, including: 12/20; 16/30; 20/40; 30/50; 40/70; 100 mesh. In-basin sand drives down costs by eliminating: • Freight rail • Associated railcar fleets • Origin or destination capex for rail or transloads • Terminal expenses Click Here For Complete Article Text
|
||||||||||||||||||
Application Sequencing | ||||||||||||||||||
|
||||||||||||||||||
Company | Product | Process | Other Subjects | Event | Event Date | Location | Publication | Publication Date | Text Descriptor | |||||||||
|
|
|
|
|
|
|
|
|