Annual report pursuant to Section 13 and 15(d)

Inventories

v3.24.0.1
Inventories
12 Months Ended
Dec. 31, 2023
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consist of raw sand and processed sand available for sale, chemicals and other products sold as a bi-product of completion and production operations and supplies used in performing services. Inventory is stated at the lower of cost or net realizable value on an average cost basis. The Company assesses the valuation of its inventories based upon specific usage, future utility, obsolescence and other factors. A summary of the Company’s inventories is shown below (in thousands):
December 31,
2023 2022
Supplies $ 6,757  $ 5,167 
Raw materials 872  974 
Work in process 3,955  2,221 
Finished goods 1,069  521 
Total inventory $ 12,653  $ 8,883