American Oil and Gas Reporter - February 2018 - 52

New In-Basin Supplies,
Advanced Proppant Coatings
Transforming Frac Sand Market
By Kari Johnson
and Tim Beims
No one embodies the full-circle success of the Permian Basin, nor the
spirit of the American wildcatter, more than Ben M. "Bud" Brigham.
From humble beginnings exploring conventional targets in the Permian
Basin with 3-D seismic and $25,000 in initial investment capital,
Brigham subsequently built world-class positions in unconventional
plays-first in the Williston, and then the Permian-and closed separate
billion-dollar transactions in both basins.
After reaching the pinnacle of success playing the role of the
independent oilman, Brigham now is recasting himself as the
"independent sandman," helping the companies that not long ago were
his peers satisfy their insatiable appetites for quality frac sands in
Brigham's familiar old stomping grounds in West Texas.
According to IHS Markit, Delaware and Midland basin operators
put away 50 billion pounds of proppant in 2017, quadrupling 2014's
total. By 2022, forecasts call for annual Permian proppant
consumption to quadruple again to 120 billion pounds-enough sand
to fill 2.5 million hopper trailers to the brim.

52 THE AMERICAN OIL & GAS REPORTER



American Oil and Gas Reporter - February 2018

Table of Contents for the Digital Edition of American Oil and Gas Reporter - February 2018

Contents
American Oil and Gas Reporter - February 2018 - 1
American Oil and Gas Reporter - February 2018 - 1
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American Oil and Gas Reporter - February 2018 - Contents
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https://www.nxtbook.com/nxtbooks/aogr/202106
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