Frac Sand

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dan_s
Posts: 37326
Joined: Fri Apr 23, 2010 8:22 am

Frac Sand

Post by dan_s »

The price of frack sand is expected to rise 62 percent this year to average $47 a ton, according to researcher IHS Markit. That is expected to drive oilfield service price inflation to 15 percent over 2016, according to researchers at Wood Mackenzie.

There are rumors that frac sand demand growth has slowed: https://www.reuters.com/article/us-usa- ... SKCN1AW07F

I follow a lot of upstream companies and I have yet to see any of them indicate that they are going to reduce the amount of sand they use to complete horizontal wells.
Dan Steffens
Energy Prospectus Group
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