New "gold rush" swept the North American oil companies competing to reserve fracturing sand

New "gold rush" swept the North American oil companies competing to reserve fracturing sand
    Fracturing sand looming shortage of U.S. oil companies competing to supply reserves

     Central Texas hills below neither oil nor gas, but produced another granular, so many energy companies obsessed resources: sand. In recent years, the scale of U.S. shale gas exploitation substantial expansion,  Hydraulic fracturing  f shale gas exploitation in this most critical technology has been widely used. Hydraulic fracturing method is the use of high pressure water for shale fracturing caused by man many gaps, to bring the oil or gas is released from the rock crevice and flows along the wellbore surface. As hydraulic fracturing process requires extensive use made of sand Proppant   frac sand  demand suddenly increases, the market price of such a rocket ride, he kept to jump up.
     2011, due to hydraulic fracturing  throughout the United States spent a total of 28.79 million tons of sand, in 2007 this figure is only 6 million. However, in the past two years, the supply of sand obviously did not keep up with demand growth.
     According to the U.S. Geological Survey Bureau statistics, in 2010 the output value of the United States of silica sand over one billion U.S. dollars mark for the first time. U.S. investment bank Dahlman Rose Analysts expect 2012 U.S.  Frac sand  consumption will rise by 30%. In 2010, the U.S.  frac sand  production has doubled over the previous year, but still can not seem to meet future needs. According to the U.S. Geological Survey statistics, the U.S. market is fracturing sand erupted from the beginning of 2008. "The market is too large." USGS researcher Thomas Dore observed silica sand industry for many years, "had never before occurred in this phenomenon, I have read a little bit."
     America's second-largest producer of silica USSilica said its sales of fracturing sand from the $ 36 million in 2009 soared to $ 70 million in 2010, turned over nearly doubled, and better performance in 2011, took only 9 months to go beyond the 2010 full-year sales. As seen on the sand fracturing broad market prospects, which owns one hundred years of history, and even offer new company recently to raise funds for the purchase of energy for the sand wrapped resin, thereby strengthening the sand hardness of the device.
     Sand becomes so tight, which makes many of the leading U.S. shale gas field producers who are not calm. EOG Resources Inc. and Pioneer Natural Resources Company are in U.S. shale gas exploration and development prestigious independent producers, in order to solve the problem of sand, the two companies decided to buy their own sand mine, on the one hand to ensure the company's long-term needs of their own On the other hand stabilize the skyrocketing market price.
     Out of Austin, Texas, all the way north to see a sand mining, sand round yo dug up from here, and then transported to the site and water, chemicals, etc. dubbed Proppant  used to support those fragmented page rock crevice, leave enough time for the oil spill. "In the past the demand for good quality sand can not now so high." Jerry Mackie said that he personally owns a company specializing in the production of proppants, last April, the company bought some of the largest sand Texas mine in one. In the sand mine, you can see the sand from the sand ore was dug up, and then according to the different requirements of the size of the oil filter and classification.
     Makes the oil market supply shortage forced to fend for themselves, the deep pockets of companies expect a direct buy sand mine, but are in the minority. According to industry sources observed that most companies can only "wronged" yourself, to choose those dimensions is not ideal, the quality is not good sand to reduce expenses.