Svetlana Doh, oil and gas analyst at GlobalData, a leading data and analytics company, offers her view on the impact on the upstream sector:
“Rapidly growing sand demand in Permian is raising questions on whether there will be enough supply of proppant available. It is estimated that the total sand consumption in Permian will reach more than 77 billion lb this year. The demand growth is mainly due to increased wells lateral length and larger amount of proppant injected per well, which grew by more than 70% in the last three years.
