Proppant demand in North America reached almost 100mta in 2017, up 100% from the previous year, driven by higher rig count, longer laterals, an increase in the number of frac stages per well, and an increase in the amount of proppant used per stage. With average proppant per well expected to rise 22% over the course of 2018 to over 15 million lbs, total North American proppant demand is on track to grow ~50% this year. At the same time, significant cost differentials between traditionally-sourced and in-basin sand supply mean that the supply balance is rapidly changing as new mines situated closer to the actual drilling activity are opened. Finally, sand suppliers, service providers, and E&P companies are all invested in providing solutions to address the logistical, safety, and environment challenges associated with the “last mile” logistics of moving sand to the wellsite, as well as handling sand around the wellsite during fracking operations.
The Proppant Market report is a quarterly report that tracks and forecasts the North American proppant market, focusing on commercial, technical and activity trends within the sector. Information in the report includes: market size and growth ($ and volume); revenues and market share by company; demand by region; sources of supply; technological specifications; sand logistics; and a profile of the leading proppant suppliers. The report is a useful planning and benchmarking tool for operators, oilfield service firms, OEMs and investors.
The Proppant Market report is available as immediate digital download upon purchase as a slide deck with all supporting tables and graphs.