Some Shale Drillers Shutting Down from Thanksgiving to New Year

It looks like there’s a slowdown coming for many drillers in the Utica/Marcellus. Strike that–more like a stoppage, we’ve already seen a slowdown. The stoppage for some (not all) drillers will happen between Thanksgiving and New Year’s Day when some drillers, according to two different proppant companies, will stop drilling, giving their workers a forced “holiday” at the worst time of the year–the holidays. Both Fairmont Santrol, a frac sand provider headquartered in Chesterland, OH, and Carbo Ceramics, which manufactures and sells ceramic beads as an alternative to frac sand (headquartered in Houston, TX) recently indicated drillers will put on the breaks in the fourth quarter. They should know–they’re the ones who get the orders months in advance. Here’s what they said…

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