Investors turn to fracking sand for profit
Sunday, September 21, 2014
According to The Wall Street Journal, sand is an excellent resource in which to invest.
Companies like Insight Equity Holdings LLC, a Texas-based firm, are cashing in on the demand for sand. Insight is investing in Emerge Energy Services LP, a company that supplies sand to energy companies for fracking.
Sand is one of the main components used in hydraulic fracturing. Once combined with water and chemicals, the mixture is pumped into a well. The mixture creates fissures that get natural gas and oil out of the shale.
The best type of sand? According to Insight, Wisconsin’s sand works well for oil fracking.
Via: The Wall Street Journal > Small firm strikes it rich with fracking sand
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What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.