Frac sand supply to increase by 10% in 2019


Demand for sand to be used by the oil and gas industry in hydraulic fracturing operations in the US is set to grow by 10% in 2019 and 17% in 2020, said a report.

According to Rystad Energy, frac sand supply, on the other hand, is forecast to increase by 10% in 2019 and then decrease by 2% in 2020 as more Northern White Sand will come off the market.

The Eagle Ford Basin in South Texas could play a pivotal role for sand price developments going forward, said Rystad Energy, the independent energy research and consultancy headquartered in Norway with offices across the globe, does not expect in-basin sand prices in the Permian to increase in the forecast period as incremental capacity additions at these mines are not as capital-intensive as at new greenfield mines.

Frac sand demand is forecast to reach 181 million tons in 2024, representing 8% annual growth from 2019 to 2024 (compound annual growth rate, CAGR). The Permian is expected to grow from 55 to 85 million tons in the same time period.


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