In 2012, the fracking revolution added $62 billion to federal and state government revenues and is expected to contribute more than $112 billion in 2020.
Emerge Energy Services Commences Shipments from the New San Antonio Plant
Fort Worth, Texas – May 8, 2018 – Emerge Energy Services LP today announced that its subsidiary Superior Silica Sands LLC has commenced frac sand shipments from its new San Antonio dry plant. The first shipments from the new dry plant were loaded and trucked directly to the Eagle Ford basin on Saturday, May 5th. As noted in last week’s first quarter 2018 earnings release, the new dry plant started production at the end of April, pre-loading silos with finished sand inventory.
“While we have been shipping frac sand at the San Antonio site from our old production circuit for over nine months, our new dry plant has now officially begun shipping frac sand,” noted Rick Shearer, Chief Executive Officer of the general partner of Emerge Energy. “We have set ourselves apart from the competition by opening our new in-basin plant ahead of schedule and under budget. We are working hard to ramp up the plant’s output to reach full capacity of 2.4 million tons per year, as limited by our current permit. The construction of our new wet plant should be completed by July, which will allow us to achieve full production during the third quarter.”
“We are also making progress on obtaining our new air permit that will expand the plant’s total capacity to 4.0 million dry tons per year. The public comment period for the new permit expired last week with no major comments or complaints. As a result, our confidence of obtaining this permit by the fourth quarter has increased. We remain very excited and upbeat about our business.”
About Emerge Energy Services LP
Emerge Energy Services LP (NYSE: EMES) is a growth-oriented limited partnership engaged in the business of mining, producing, and distributing silica sand, a key input for the hydraulic fracturing of oil and natural gas wells, through its subsidiary Superior Silica Sands LLC.