US frac sand consumption to continue soaring in 2015: Moody's

摘要

US frac sand demand is expected to continue climbing in 2015 despite falling oil prices, according to ratings agency, Moody's. Frac sand consumption will grow due to continued hydraulic fracturing (fracking) for unconventional gas and oil extraction. Demand for proppant used in fracking from producers US Silica, Fairmount Sant-rol, Hi-Crush Partners and Preferred Sands is expected to climb in line with increased drilling activity.