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Solaris Oilfield Infrastructure, Inc. (NYSE: SOI) (“Solaris”) announced today that it has launched an initial public offering of 10,600,000 shares of its Class A common stock (“common stock”) at an anticipated initial offering price between $15.00 and $18.00 per share pursuant to a registration statement on Form S-1 (the “Registration Statement”) filed previously with the Securities and Exchange Commission (the “SEC”). In addition, Solaris intends to grant the underwriters a 30-day option to purchase up to an additional 1,590,000 shares of Solaris’ common stock at the initial public offering price, less underwriting discounts and commissions. The shares have been authorized for listing on the New York Stock Exchange under the ticker symbol “SOI,” subject to official notice of issuance. Read more »

Houston energy services co. starts hiring as it ramps up plant
December 2, 2016 | Houston Business Journal

Solaris Oilfield Infrastructure, a Houston-based proppant logistics company, expects to hire as it ramps its business back up during the tail end of the oil downturn. Read more »
Though oil producers are drilling far fewer wells, technological advances and a focus on improving completions are prompting them to drill longer horizontal laterals and intensify their completions. Such moves have prompted Solaris Oilfield Infrastructure, which operates its mobile sand silos in the Midland and Delaware basins, to triple the production rate at its Early manufacturing facility. The Permian Basin comprises 30 to 40 percent of the company’s activity. Read more »
Solaris Oilfield Infrastructure, LLC has tripled its manufacturing rate to meet growing demand for its mobile proppant management systems. The company anticipates it will realize a 100 percent increase in 2017, with anticipated deliveries of proppant rising to 9 million tons compared with expected 2016 deliveries of 4.5 million tons. Solaris is the industry’s leading independent supplier of mobile proppant systems with an estimated 15 percent market share. Read more »
HOUSTON — Solaris Oilfield Infrastructure, LLC (“Solaris”) today announced the initial deployment of the company’s 5-million-pound Mobile Proppant Management System. This new 12-silo system recently was used to successfully complete a “zipper” frac of two wells on a pad in the Permian Basin. The system delivered sand at an average rate of nearly 23,000 pounds per minute into two blenders simultaneously. The Solaris system was used to complete 34 frac stages and deliver 30 million pounds of sand during the four-day completion of both wells. Read more »

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