Halliburton Selects SandBox as Its Preferred Provider for Last Mile Logistics

HOUSTON--(BUSINESS WIRE)--

Halliburton (HAL) today announced it has selected SandBox Logistics, a U.S. Silica company (SLCA) as its preferred provider for containerized sand delivery, pursuant to a long-term agreement.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170130005891/en/

Sandbox’s delivery solution offers significantly improved operating efficiencies, a safer work environment and cost savings relative to current proppant delivery systems. “Logistics is an important part of the supply chain and one of the parts that gets the tightest in today’s environment is the last-mile component,” said Jeff Miller, president of Halliburton. “Sandbox’s containerized system helps enhance our ability to provide our customers with better service quality by providing a safer, more efficient delivery system.”

“We’re very pleased to be chosen by Halliburton to provide a proven containerized delivery solution which will enable them to flex quickly with customers and markets and maximize the value of their logistics assets,” said Bryan Shinn, U.S. Silica president and chief executive officer. “Our agreement with Halliburton further establishes Sandbox as an industry leader in last mile containerized delivery solutions.”

About Halliburton

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 50,000 employees representing 140 nationalities, and operations in approximately 70 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction, completion and production optimization. Visit the company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, and YouTube.

About U.S. Silica

U.S. Silica Holdings, Inc., a member of the Russell 2000, is a leading producer of commercial silica used in the oil and gas industry, and in a wide range of industrial applications. Over its 117-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 260 products to customers across our end markets. The Company currently operates nine industrial sand production plants and nine oil and gas sand production plants. The Company is headquartered in Frederick, Maryland and also has offices located in Chicago, Illinois, and Houston, Texas.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170130005891/en/

What Is Hydraulic Fracturing?

Sandbox Logistics is a Houston-based transportation company that specializes in proppant logistics. Using a proprietary process and special containerization, Sandbox Logistics efficiently and safely transports hazardous frac sand for companies involved in hydraulic fracturing, also known as fracking. Fracking involves pumping a highly pressurized mixture of water, proppant sand, and chemicals underground to fracture rock and release natural gas or oil. Wells used in fracking are drilled up to 10,000 feet below the surface, where sand in the mixture holds fractures open in rock formations for natural gas to flow upward from the well. Characterized as an unconventional technique in gas production, fracking extracts natural gas from rock formations that were once believed impossible to extract from, including shale, coal, and tight sands. Although steps are taken to ensure that none of the mixture or natural gas contaminates the water supply, proppant and chemicals used in the proces

Sandbox Logistics’ Efficient, Proprietary Rail Car Solutions

Emphasizing proprietary systems and equipment, Sandbox Logistics is an oil field services provider that offers dedicated support in fracking operations supply and delivery. The coordinated containerization solutions enable oil field companies to develop logistics chain capacities that are safer and cleaner, and that offer greater efficiency. In late 2015, Sandbox Logistics announced the initial delivery of its recently developed Sandbox Rail Cars. Designed to work in synch with proprietary modular containers, the rail cars are specifically engineered for the transportation of frac sand by train. The cars have been described as significantly boosting the deployment capacities for a comprehensive proppant delivery solution that extends from mine to wellhead. As described on the company website, the rail cars have been specifically designed to maximize transport space. They can be lifted and loaded via forklift, so long as the rail line has accessible improved land that allows this op

SandBox Logistics Poised for Growth on Increased Shale Basin Capacity

Based in Houston, Texas, SandBox Logistics serves the needs of clients across the hydraulic fracturing sector. Acquired by U.S. Silica Holdings in 2016, SandBox Logistics is part of an expanding strategic portfolio that promises to drive shareholder returns and revenue growth. U.S. Silica Holdings made a major impact in 2016 through a pair of public equity offerings that raised $650 million and enabled it to purchase both NBR Sands and SandBox. With sales of sand increasing steadily, major growth is predicted over the medium term. This looks particularly robust considering data that points to sand-per-well usage doubling and even tripling across America’s shale basins. As reported in the Motley Fool, U.S. Silica CEO Bryan Shinn has set in place a goal of doubling SandBox’s regional frac sand capacities over the next 12-18 months. Areas of planned low-cost oil and gas production expansion include existing and greenfield sites, as well as acquisitions. With capital investments cont

Sandbox Logistics - Blogspot

Search This Blog