Fracking Year End Update

posted Dec 28, 2018, 5:58 AM by Ryan Quinn
Wisconsin frac sand producers have experienced a roller-coaster year in 2018, with the frac sand market swinging from one extreme to the next. 

At the beginning of the year, analysts predicted that companies would use a record-breaking 84 million tons of proppant by the end of the year. 

That marked a 27-percent increase over 2017 levels. But while Wisconsin sand producers were reopening mines, new mines were coming online near the nation's busiest oilfields in west Texas and eastern New Mexico. 

The introduction of so much cheap sand from Texas drove down the price of sand produced in Wisconsin. 

However, industry officials say they don't expect Wisconsin's sand mining industry to die anytime soon. 

Wisconsin sand is known for its ability to resist extreme pressures before crushing, which could keep oil wells producing longer than the cheaper Texas alternative.