Frac Sand '16: In-basin supply key to company survival
Published: Tuesday, 13 September 2016
While the market is currently dominated by a handful of large producers, Headwaters MB predicts that cost cutting will lead to smaller frac sand companies supplying basins closest to them.
Silica (frac) sand supply from sources
closest to consuming basins is going to be key for long-term
survival, according to Joel Schneyer, managing director of
minerals capital advisory service Headwaters MB.
The future of the frac sand industry is regional and
"point-to-point" (P2P), Schneyer told delegates at...