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
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 wi