HOUSTON, Texas, January 7, 2009 — Cadre Services, Inc. today announced the expansion of its Material Products Division with the purchase of 850 acres near Voca, Texas. Cadre intends to construct a sand processing plant while mining the property to produce high-quality, high-demand frac sand materials that enhance production of oil and gas wells.
Under the direction of Matt Stafford, general manager, the new operation will be capable of producing 3,000 tons per day of API quality frac-sand proppants. Construction is expected to be completed by the end of 2009. Frac–sand proppants are hard, spherical particles that are mixed with a fluid and pumped into wells at very high pressure. The proppants fracture hydrocarbon-bearing rock to create channels where oil reserves and gases flow more easily. Proppants remain in place after the fracture job is completed, propping open the cracks and creating a highly permeable pathway for oil and gas flow.
“Demand for high-quality frac-sand proppants has outpaced supply as reserves have declined and oil and gas drilling has increased. The material from this new facility will significantly increase the supply of proppant, positioning Cadre as a key player in this market. This acquisition and green-field development complements our existing line of products and services and is in line with our vision and strategic growth in specific areas of interest,” said Maury Dumba, president.
Cadre Service, Inc. has been serving the energy needs in Texas and Louisiana for over 25 years. Through 12 different facilities and locations, the company provides oilfield, pipeline, pump and fabrications services, including location construction and road installations, production hood-ups, lease crew services, small and large diameter pipeline installations, mechanical pump sales, service, and rentals, rod pump and consulting services, and general roustabout services. For more information on Cadre Services, please visit www.CadreServicesInc.com or call 281-531-2100.
Maury Dumba
281-531-2100