IN THE.
>>> SURPRISING COMMODITY IN
TEXAS FROM PRACTICALLY
WORTHLESS TO HIGH VALUE OIL
DRILLERS NEED SAND IN FRACKING
PROCESS WILLING TO PAY
BILLIONS TO GET IT, IN TEXAS
AT A SAND LINING FACILITY HOW
DOES IT ALL WORK?
REPORTER: WELL YOU KNOW IT IS
INTERESTING MARIA A COUPLE
YEARS AGO YOU COME DOWN HERE,
AND THIS STAND IN MIDDLE OF
ALL SAND DUNES PRETTY MUCH AS
FAR AS EYE CAN SEE.
PERMIAN BASIN HORIZONTAL
DRILLING THEY REALIZED MORE
SAND THE BETTER THAT THEY HAD
PLENTY IN TEXAS INSTEAD OF
SHIPPING FROM WAY OUT IN
WISCONSIN THEY DO IT CHEAPER
HERE IN TEXAS WE ARE AT A
PLACE CALLED HIGH CROSS THE
PLANT MANAGER HERE YOU CAN
PROBABLE SEE PLANT IN THE
BACKGROUND THE ONE-YEAR
ANNIVERSARY GREG GOOD TO SEE
YOU YESTERDAY.
>> YESTERDAY.
>> ONE YEAR.
>> AND TELL US EXACTLY WHAT
YOU DO HERE, THIS IS IT LOOKS
TO US LIKE PILES OF SAND BUT
CAN BE VERY USEFUL IN THE OIL
FROM ALL THE SAND EXCAVATE
WHERE I TO PLANT YOU SEE HERE
PROCESS IT THROUGH THE WASH
PLANT WITH TAKING ALL ORGANICS
OUT, AND THEN PUT INTO A PILES
THEN WE WILL PUT IT INTO A DRY
PLANT THIS BIG BUILDINGS THREE
DRY PLANTS IN THERE EACH ONE
CAPABLE OF 150 ON THE AN HOUR
NAMEPLATE EQUATES TO 3 MILLION
TONS PROCESSED SAND A YEAR.
>> THE TONS THE PRICING IS
PHENOMENAL WHEN BRINGING FROM
WISCONSIN IT COST MAYBE 100
DOLLARS A ON THE SOMETHING
LIKE THAT, YOU CAN DO IT FOR
-- 40 OR 350 DOLLARS ON THE
HERE COMPANY SAVED BIG TIME,
RIGHT THE WAY THE PROCESS
WORKS.
>> SAVES THEM AND OUR
CUSTOMERS, QUITE A BIT MONEY
IF WE PROCESS IT IN BASIN.
>> WHAT DOES TOL THE FURLT
HOLD SOME SAY WON IF THIS CAN
HOLD FOREVER.
>> WHAT DO YOU THINK.
>> I THINK -- FIRST, NEAR-TERM
SHORT -- YOU KNOW 8 YEARS
PLEEST I AM SEEING THAT IT
WOULD BE ABOUT PROFITABLE.
>> WE WILL HAVE MUCH MORE
THROUGHOUT THE DAY ONE OF
THOSE GREAT AMERICAN BUSINESS
STORIES MARIA YOU HAVE ONE
THING HAPPENING THE BOOM IN
PER ME BASIN COMPANIES REALIZE
GOOD A LOT OF MONEY FOR A LOT
OF SAND.
