What the future holds for US proppants
By IM Staff
Published: Thursday, 28 May 2015
The US has long enjoyed a successful fracking industry, having drilled more than a million wells to date. Yet, with plummeting oil prices causing some to question the short-term success of this process, Vasili Nicoletopoulos* provides an executive summary of IM’s latest research report on the US proppants market.
Hydraulic fracturing – colloquially know as
fracking – produces fractures in rock formations that
stimulate the flow of natural gas or oil, increasing the
volumes that can be recovered. Wells may be drilled vertically
hundreds to thousands of feet below the land surface, may
extend 1-6,000ft (304-1,828 metres) away from...