In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have experienced a minor correction this week, and have fallen by $1.00 per ton each. Supply shortages are highly prevalent for Permian and Eagle Ford in-basin sand, and we continue to hear of instances of spot transactions over $60 per ton to avoid idling crews or reducing the number of frac stages on a well. However, average prices have experienced a minor correction due to concerns about dwindling DUC inventory, as well as overarching economic concerns pointing to stagflation and economic recession.
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In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have spiked this week by over $5 per ton in response to a global spike in oil prices. In-basin sand prices are now pushing towards average prices of $50 per ton (up approximately 90% and 100% respectively compared to Q4 averages). Supply shortages are highly prevalent for Permian and Eagle Ford in-basin sand, and we continue to hear of instances of spot transactions over $60 per ton to avoid idling crews or reducing the number of frac stages on a well.
In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have risen by $0.70 per ton this week as they continue to push north of $40 per ton (up approximately 85% and 75% respectively compared to Q4 averages) . Supply shortages are highly prevalent for Permian and Eagle Ford in-basin sand.
In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have both eclipsed $40 per ton this week (up approximately 85% and 75% respectively compared to Q4 averages) . Supply shortages are highly prevalent for Permian and Eagle Ford in-basin sand.
In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have increased by $0.50 per ton respectively (up approximately 75% and 65% respectively compared to Q4 averages) . Supply shortages have been confirmed in the market for Permian and Eagle Ford in-basin sand and this dynamic is expected to continue into February.
In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have increased by $1.00 per ton respectively (up approximately 60% compared to Q4 averages) . We continue to hear that it is a sellers market once again for Permian and Eagle Ford in-basin sand with spot prices seen as high as $45 per ton.
In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have increased by $2.00 per ton respectively (up approximately 60% compared to Q4 averages) . Supply shortages have been confirmed in the market for Permian and Eagle Ford in-basin sand and this dynamic is expected to continue into February. In certain instances where operators were reliant on spot sand, spot sand prices were seen as high as $45 per ton.
In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have increased by $4.00 per ton respectively (up approximately 50% compared to Q4 averages) . Supply shortages have been confirmed in the market for Permian and Eagle Ford in-basin sand and this dynamic is expected to continue into February. In certain instances where operators were reliant on spot sand, spot sand prices were seen as high as $45 per ton.