OPPORTUNITY-AWARE: In-Basin Frac Sand
Having identified the market opportunity for in-basin sand in Winter 2016, Black Mountain moved quickly, forming Black Mountain Sand in early 2017 and securing nearly 30,000 acres in the heart of the Permian Basin in West Texas. Less than two years later, the company’s first truckload of Winkler White®, its flagship regional frac sand product, left the gate of the first of two state-of-the-art frac sand mines. Today, Black Mountain Sand boasts the largest production capabilities in the Permian Basin with 12 million annual tons of nameplate capacity and 36+ years of frac sand reserves.
Black Mountain Sand is now expanding into South Texas’s Eagle Ford Shale and the SCOOP/STACK plays in Western Oklahoma’s Mid-continent with 2.2 million annual tons and 3 million annual tons respectively due online in 2019.
- Permian Basin Frac Sand
- Eagle Ford Shale Frac Sand
- Mid-Continent Frac Sand
- Last Mile Logistics Solutions
Learn more at www.BlackMountainSand.com.
Why In-Basin Frac Sand
When oil prices plummeted in mid-2014, production companies across the U.S. set their sights on uncovering new methods of extracting oil, cheaper and more efficiently. The adoption of in-basin frac sand is a product of this drive for innovation, delivering cost savings by significantly reducing shipping expenses which can account for 65 percent of frac sand costs. Current estimates indicate using in-basin sand will reduce the total cost of drilling and completing a well upwards of 5 to 10 percent.
With domestic energy production surging, frac sand demand is expected to climb accordingly, increasing to 133 tons in 2019, up from 76 million tons in 2017. Black Mountain Sand is positioned to help meet this demand, exceeding 17 million combined annual tons across its four facilities in three of the most active shale basins in the nation.