Drilling Market Focus: Proppants in great demand; production constrained

03/20/2006
Demand for manufactured proppants is growing, fueling the construction of new production facilities around the world.Analysts from the Freedonia Group say that the market for well-stimulation materials in the US will increase 7.7%/year through 2008. The US market was valued at $981 million in 2004, but the analysts see this increasing to $1.4 billion by 2008. Proppants will represent about 39% of the well-stimulation market in 2008, followed by base fluid materials (32%), and additives (27%).The analysts say that “proppants will remain the largest segment and grow the fastest” at 9.5%/year, to reach $550 million by 2008. They expect that foaming agents and cross-linking agents...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected