US frac sand consumption to continue soaring next year: Moody’s
Published: Thursday, 13 November 2014
Diving oil prices have led some commentators to believe that frac sand consumption may wane. However, as we are increasingly seeing, this is not the case. Not only are more service users turning to frac sand in lieu of ceramic proppants, but as more wells come online, so the demand increases - a trend Moodys has highlighted in this report.
By Wayne Yamada
US frac sand demand is expected
to continue climbing in 2015 despite falling oil prices,
according to ratings agency Moody’s.
Frac sand consumption will grow due to continued hydraulic
fracturing (fracking) for unconventional gas and oil
extraction. Demand for proppant used in fracking...