A FRAC SAND REVOLUTION
Excerpted from an article PLG wrote for RBN Energy.
While demand for sand used in hydraulic fracturing has more than doubled in the last three years, sand from the Permian Basin and other local areas have left a supply glut. In part because of this oversupply, prices are falling. What’s more, exploration and production companies (E&Ps) are taking a more active role in direct sourcing their frac sand, bringing costs down even further.
In this article written for RBN Energy we share:
- How much local sand is needed to meet demand in the Permian over the next five years
- Where new sand mines are popping up in the Eagle Ford, SCOOP/STACK and the Haynesville and what they mean for production
- How oversupply is affecting frac sand prices
- Where sand mines are located in the Permian and how their locations relate to drilling rigs in the Delaware Basin and Midland Basin
PLG’s expert consultants have hands-on experience in improving efficiency throughout the O&G supply chain. Let PLG speed up your direct sourcing process and deliver savings to your bottom line. We can provide a direct sourcing assessment and implementation plan in as few as six weeks.
In addition, our expertise supports investors and developers, helping them invest wisely and mitigate risk.
Contact us and see if direct sourcing is right for you.
