- Tight Gas & Oil
- Gas Hydrates
The top 10 frack sand suppliers claim 55% of total business, while more than 40 companies make up the remaining percentage.
The news comes on the heels of an anemic first quarter in which permits applications dropped 32% and gas play applications fell by 35%.
Refracking has been met with enthusiasm—especially when it works—and skepticism, but in order to move forward, the industry needs a large-scale refracking program and more investment IHS says.