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Frac Sand Shortage Threatens Shale Boom

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Feb 21, 2018 at 10:32 AM CST
https://oilprice.com/Energy/Crude-Oil/Frac-Sand-Shortage-Threatens-Shale-Boom.html Halliburton said last week that its earnings could be negatively impacted because of bottlenecks related to the supply of frac sand used in shale drilling. The Wall Street Journal reported that Halliburton’s shares were briefly halted on February 15 after Halliburton’s CFO Chris Weber told an audience at the Credit Suisse Energy Summit that the company’s first quarter earnings could take a hit by a whopping 10 cents per share.

Feb 21, 2018 at 10:32 AM CST