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Hi-Crush Forms Frac Sand Supply Deal with Chesapeake

November 13, 2018

Proppant and logistics solutions firm Hi-Crush Partners LP will supply Chesapeake Energy Corporation with in-basin Northern White frac sand in the Marcellus and Powder River Basins under a new long-term frac sand supply agreement, Hi-Crush announced in a release Monday. 

“We are excited to reach an agreement to provide services to meet Chesapeake’s demand for Northern White frac sand and associated proppant logistics needs,” Hi-Crush Chairman and Chief Executive Officer Robert E. Rasmus said in a statement. 

Hi-Crush operates 19 terminals and five mines within the United States, four of which are located in Wisconsin, according to information on the firm’s website. The company has total annual production capacity of 13.4 million tn/yr of monocrystalline sand. 

“We believe this agreement affirms the value of our Mine. Move. Manage. operating strategy, as well as the ongoing demand for Northern White frac sand, the strength of our logistics network, and our success in increasingly partnering with producer customers,” said Rasmus. 

Chesapeake Energy owns a number of unconventional onshore oil and natural gas assets in the U.S.

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