The 2018 Proppant Market Report: One Trillion Pounds and Counting
PropTester, Inc. and KELRIK LLC announce the 2018 Proppant Market Report will be released on March 4, 2019.
PropTester, Inc. and KELRIK LLC announce the 2018 Proppant Market
Report will be released on March 4, 2019. The Proppant Market
Report is an annual review of the global proppant market in relation to
prior years. The proppant industry supplied 230 billion pounds (115
million tons) of sand, ceramic and resin coated proppants in 2018.
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Cumulative Proppant Market 1990 - 2018 (Graphic: Business Wire)
In addition to setting historical highs for frac sand, the industry
surpassed one trillion cumulative pounds of proppant since hydraulic
fracturing commenced. “Based on our data commencing 1980, and accounting
for estimated and select known annual volumes as far back as 1950, the
one trillionth pound of proppant was very likely produced in early 2018.
That is a suitable number to highlight the growing importance of the
proppant industry and to mark the 15th year of the report’s
inception,” noted Brian Olmen of KELRIK LLC.
Frac sand was the primary beneficiary in 2018. Demand for ceramic
proppants also improved due to activity outside of North America. Demand
for ceramic and resin coated proppants were below their historical highs
established in 2014.
North American frac sand capacity continues to grow and surpassed 440
billion pounds from 150 production facilities in early 2019. “With the
significant increase in capacity, the sand industry, much like the North
American ceramic and resin coated proppant sectors, will possibly have
to navigate the impacts of excess supply in an uncertain 2019,” added
Michelle Stribling of PropTester, Inc. “Due to the dominance of cost
conscious, sand-intensive completion strategies, we continue to expand
the report with additional details on emerging sand sources as well as
updates on ongoing technical studies.”
The Proppant Market Report (PMR) is annually by PropTester, Inc. and
KELRIK, LLC. The contributing authors have over 100 years of direct
experience in the production, testing, sale and use of all types of
proppants. PMR subscribers have access to an electronic copy of the
confidential report, as well as online access and interactive maps on www.proppantmarketreport.com.
For further information, please contact Michelle Stribling or Amanda
Chavey at (888)-756-2112 or visit www.proptester.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190228005157/en/