Demand for sand to be used by the oil and gas industry in hydraulic fracturing operations in the US is set to grow by 10% in 2019 and 17% in 2020. Frac sand supply, on the other hand, is forecast to increase by 10% in 2019 and then decrease by 2% in 2020 as more Northern White Sand will come off the market. The Eagle Ford Basin in South Texas could play a pivotal role for sand price developments going forward, according to Rystad Energy. Contracted prices of high-quality Northern White Sand will likely fluctuate between $20 and $25 per ton at the minegate in the medium to long-term, according to Rystad Energy’s ... (full story)