1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends

Proppants in North America

  • September 2015
  • 251 pages
  • Freedonia
Report ID: 3312137

Summary

Table of Contents

North American demand to grow over 8% annually

Demand for proppants in North America is forecast to increase over eight percent annually through 2019 to 152 billion pounds, with growth remaining healthy despite the current and expected low oil price environment. The emergence of the Permian Basin as a major tight oil play and a shift toward significantly higher volumes of water and proppant in hydraulic fracturing have been the main drivers of rapid change in the market over the past few years. While growth going forward will remain substantial, it is expected to slow through 2019, as low oil and gas prices hold back completion activity and proppant loading trends begin to stabilize.

Lower oil & gas prices will prevent growth in drilling

A period of high and relatively stable oil prices between 2011 and 2014 led to growth in well completion and hydraulic fracturing activity in the US and Canada, supporting gains in proppant demand. Among the most rapidly growing areas was the Permian Basin in Texas, with other areas of strong growth including the Niobrara in Colorado and the Utica in Ohio. Oil prices have fallen substantially since mid-2014, however, and are not expected to recover fully until after 2019. As a result, drilling activity in liquidsrich unconventional plays is projected to remain lower through 2019 than in 2014. Although export opportunities for natural gas should spur some increased drilling activity targeting gas, overall drilling and completion are expected to remain nearly flat.

Colorado, Oklahoma, Canada to offer best opportunities

While overall completion activity will be held back by the low oil and gas price environment, there remain several unconventional resource plays with significant room for future growth in well completions, creating above average opportunities for proppants. Among the largest proppant markets in the US, Colorado and Oklahoma are expected to hold the best short term prospects for growth, while Texas and Pennsylvania are forecast to grow more slowly. In large part, this will result from the relative maturity of the Eagle Ford shale in Texas and the Marcellus shale in Pennsylvania when compared to the less developed unconventional plays in the former states. Canada is expected to see very strong growth, as the country holds a large volume of tight oil and shale gas resources yet lags the US in their development, having focused investment more heavily on oil sands resources to date.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Oil Storage Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals

  • $ 8000
  • Industry report
  • March 2017
  • by GlobalData

Global Oil Storage Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals Summary "Global Oil Storage Industry Outlook to 2021 - Capacity ...

Global LNG Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals

  • $ 8000
  • Industry report
  • February 2017
  • by GlobalData

Global LNG Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals Summary "Global LNG Industry Outlook to 2021 - Capacity and Capital ...

Global Oil and Gas Pipelines Industry Outlook to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Pipelines

  • $ 8000
  • Industry report
  • April 2017
  • by GlobalData

Global Oil and Gas Pipelines Industry Outlook to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Pipelines Summary "Global Oil and Gas Pipelines Industry Outlook ...


Download Unlimited Documents from Trusted Public Sources

Gold Imports in China and the UK - Forecast

  • May 2017
    3 pages
  • Gold  

    Oil  

  • China  

    United Kingdom  

View report >

Global Diesel Fuel Industry

  • May 2017
    3 pages
  • Diesel Fuel  

  • World  

    United States  

    Australia  

View report >

Oil And Gas Statistics in Ukraine

  • May 2017
    3 pages
  • Oil And Gas  

  • Ukraine  

View report >

Oil And Gas Supply

1 day ago

Oil And Gas Supply

1 day ago

Oil And Gas Supply

1 day ago

Oil And Gas Supply

1 day ago

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.