Select Sands Corp. (SLSDF)

[56Chevy]

Worth repeating;

Doubling the amount of sand used per foot of well has a minimal effect on overall cost, yet can increase the overall rate of return by 40%, increasing the profitability of a well by about $2 million. Economics such as this is why, according to RBN Energy, some oil producers are now fracking wells with five or even six times more sand than they used just a year ago -- as much as 15,000 tons for a single well.

Marker:
Select Sands Corp. ( (SLSDF)
$1.1426 up 0.0926 (8.82%)
Volume: 78,456

*Price of WTI crude currently $52.43 @ bbl.