Proppant Choice at the Oil Well Drives Efficient Operations: In-Basin Sand is Cheaper Upfront, but Quickly Erodes Cash Flow and Profitability

SPRING, Texas, June 20, 2023 (GLOBE NEWSWIRE) -- Smart Sand, Inc., a leading provider of sand, wellsite technology, and logistics solutions to the energy industry, (NASDAQ: SND) announces a groundbreaking conceptual whitepaper demonstrating the actual impact of proppant choice in wellsite profitability. This paper suggests that Permian operators may address their productivity concerns by revisiting In-Basin Sand usage and switching back to Northern White Sand.