Despite concerns about falling demand for frac sand in light of the plunge in oil prices, state officials say they haven’t noticed any slowing of mining activity in Wisconsin, according to the Cap Times. Deb Dix of the Department of Natural Resources, the agency lead on industrial sand mining, said companies are continuing to press forward. “I have not seen…
Read MoreTag: PacWest Consulting Partners
Frac Sand Market Ready to Explode
There is sand, sand and more sand in our future.
Read MoreThis Week’s Market Buzz
According to the latest PacWest Consulting Partners ProppantIQ market study, North America proppant consumption is expected to increase at 23 percent per annum through 2016, from 80 billion lb. in 2013 to 153 billion lb. in 2016, with much of the growth occurring in frac sand consumption. Growth in proppant consumption is driven by an increasing number of horizontal wells…
Read MoreStudy Predicts Growth in Frac Sand Consumption
According to the study “ProppantIQ” by PacWest Consulting Partners, the U.S. proppant market is expected to grow at 8 percent per annum through 2015, from 63 billion lb. in 2013 to 75 billion lb. in 2015.
Read More