In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have increased by $0.35 per ton respectively, while WTI has fallen below $80 per barrel for the first time since October 1.
You must be logged in to view this content.
@font-face { font-family: 'Open Sans'; font-style: normal; font-weight: 400; src: local('Open Sans'), local('Open Sans'), url(https://panxchange.com/wp-content/uploads/revslider/gfonts/open-sans/open-sans.woff2) format('woff2'); } Frac Sand Frac Sand var htmlDivCss = unescape("a.px-nav-link%20%7B%0A%20color%3A%20%23fff%20%21important%3B%20%0A%7D%0A%0Aa.active%20%7B%0A%09text-decoration%3A%20underline%3B%20%20%20%20%0A%7D%0A%0A.px-nav-link%3Ahover%20%7B%0A%20%20%09text-decoration%3A%20underline%3B%0A%7D"); var htmlDiv = document.getElementById('rs-plugin-settings-inline-css'); if(htmlDiv) { htmlDiv.innerHTML = htmlDiv.innerHTML + htmlDivCss; } else{ var htmlDiv = document.createElement('div'); htmlDiv.innerHTML = '' + htmlDivCss + ''; document.getElementsByTagName('head')[0].appendChild(htmlDiv.childNodes[0]); } [...]
You must be logged in to view this content.
You must be logged in to view this content.
You must be logged in to view this content.
You must be logged in to view this content.
You must be logged in to view this content.
In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have remained within a $0.10 per ton per ton bandwidth each this week. In-basin sand prices have held steady-to-lower amid stable WTI pricing and sand producers pricing their volumes competitively as the frac spread count increases to attract new customers. The PanXchange team expects pricing to be at or near a stable price floor, and for pricing to rise as demand opens up, and domestic supply lags behind due to lack of upstream investment. While WTI prices have increased, the best leading indicator for Permian spot sand pricing continues to be levels of upstream capital expenditures.
In the Permian basin, FOB Kermit 100m prices and 40/70m sand prices have remained within a $0.10 per ton per ton bandwidth each this week. In-basin sand prices have held steady-to-lower amid stable WTI pricing and sand producers pricing their volumes competitively as the frac spread count increases to attract new customers. The PanXchange team expects pricing to be at or near a stable price floor, and for pricing to rise as demand opens up, as domestic supply lags behind due to lack of upstream investment. While WTI prices have increased, the best leading indicator for Permian spot sand pricing continues to be levels of upstream capital expenditures.