Canadian Frac Sand Logistics & Market Forecast Summit 2015
Venue: The BMO Centre
|Event Date/Time: Apr 28, 2015||End Date/Time: Apr 29, 2015|
Frac sand demand is anticipated to continue it's staggering growth and increase from 28 million tons to 84 million tons by the end of 2016. However, with oil prices almost halving in the last 6 months, the Canadian frac sand industry is scrambling to determine how this will impact the market for proppants and what steps need to be taken to lean the supply chain in order to economically serve end users who are now looking to cut costs.
Indeed, the lack of clarity on the very volatile volumes, types and locations of demand for frac sand has created huge challenges gaining capital for new oil and sand industry projects. What's more, differing qualities of Canadian, American and Chinese producers competing to meet demand face increased scrutiny from E&Ps and well service companies now re-evaluating frac sand formulas being used at the well head.
Additionally, key challenges are still being faced across the frac sand supply chain ranging from bottlenecks in the railroad routes and rail car availability, a lack of transloading and sand storage infrastructure, and the risk of downward pressure on prices as a result of a plunge in oil prices.
THE ORIGINAL AND MOST WELL ESTABLISHED CANADIAN FRAC SAND SUMMIT
And so, Canada's most well-attended frac sand event, the Canadian Frac Sand Logistics & Market Forecast Summit 2015, will be returning for its 2nd year bringing together E&Ps, Well Service Compaines, Frac Sand Producers and Railroads to focus on practical solutions for responding to the oil price crash and reducing the costs whilst maximizing the efficiencies of the getting frac sand to Canadian well sites across the Western Canadian Sedimentary Basin, including:
o Duvernay o Montney o Bakken o Viking o Horn River o Cardium