10 April 2006 17:36 [Source: ICIS news]
HOUSTON (ICIS news)--Engelhard said on Monday it has entered the oil and gas fields stimulation market with the construction of a frac-sand proppants plant in ?xml:namespace>
Engelhard said it has broken ground for construction of the facility on the Navajo Nation reservation in Sanders. The facility was scheduled to be operational in the second half of 2006 and was expected to reach full production in early 2007, Engelhard said.
Engelhard said the proppant plant would be a multi-million dollar facility but would not release the cost details. Engelhard also would not release the capacity of the plant.
Made of bentonite clay, proppants are hard, spherical particles that are mixed with a fluid and pumped into wells at high pressure, Engelhard said. The proppants fracture hydrocarbon-bearing rock to create channels where oil reserves and gases can flow easily.
“Double-digit growth in market demand for proppants has outstripped available material supply, forcing suppliers to put customers on allocation.” Engelhard said. The Arizona facility will serve markets in the western US, the company said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|