Frack Sand Operations Expanding in Permian Basin

In the Permian Basin of West Texas, getting frack sand can be a challenge these days. That’s why more mining operations are under construction.

Atlas Sand Company of Austin says it has obtained financing to complete two fracking sand plants. Atlas joined BlackGold Capital Management to get a $150 million credit line to pay for the construction.

One of the plants is near Kermit and should be in production by the second quarter of 2018.  A plant near Monahans is expected to be operational by the third quarter of the year.

Atlas executives have committed to supply 12 million tons of frack-sand a year to the Permian Basin operations.

 

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