Monday, December 5, 2016

Signs of a come back?

Stock for frac sand companies appears to have risen in value following indications that OPEC intends to cut production, thereby triggering increased demand for U.S. fracking. Is this the dawn of a new phase of frac sand mining development in Wisconsin?

As one observer notes, "Frack sand could be a very interesting industry as we head into 2017 and beyond. Many of the advances in shale drilling in recent years -- drilling longer horizontal portions of wells, doing more fracking stages per linear foot of horizontal well, and using more sand per individual fracking stage -- all point to sand volumes growing at a pace much faster than overall drilling activity."

For the full discussion, see:

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