Chieftain Sand is a growing producer of frac sand, which is required to permanently prop open factures created by the hydraulic fracturing process to unlock oil and gas from unconventional and conventional formations in North America.
The growing demand for frac sand is driven by technology advancements in the hydraulic fracturing process that allows hydrocarbon extraction from formations where oil and gas exists but previously could not be brought economically to the surface, including the Eagle Ford Shale, the Bakken, as well as new strata in the Permian Basin and other established fields.
The majority of all domestic oil and gas drilling and development utilises frac sand, and it is also used to improve recoveries in existing producing wells.
Chieftain Sand owns and operates two frac sand production plants in Wisconsin and Arkansas. The company recently commissioned its new production facility in western Wisconsin.
“We are excited to become Chieftain Sand’s capital partner and fund its proven ability to serve the exacting and demanding requirements of the supply chains of the largest oil field services companies with the highest quality product and low-cost logistics capabilities,” said Energy Capital Partner’s Nazar Massouh.
“Our partnership with Energy Capital will provide Chieftain Sand with access to capital and a long-term strategic partner who can support our growth plan,” added David Hanson, Chieftain Sand’s CEO.
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