CATEGORY

Hydraulic Fracturing Services

Hydraulic fracturing is an unconventional method for the production of natural gas and oil by fracturing the rock formation that stimulate the flow of natural gas or oil, increasing the volumes that can be recovered

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The average annual savings achieved in Hydraulic Fracturing Services category is 16.40%

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The industry average payment terms in Hydraulic Fracturing Services category for the current quarter is 45.0 days

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    Hydraulic Fracturing Services Suppliers


    1,238
    Total Suppliers
    35
    Diverse Suppliers
    88
    Normalized Supplier Rating
    Hydraulic Fracturing Services Supplier

    Find the right-fit hydraulic fracturing services supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    Brenntag SE
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    2
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    41

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    38
    Social
    37
    Governance
    51
    6 Domains Performance (/100)
    Business behaviour
    49
    Human rights
    43
    Community Environment
    22
    Corporate governance
    52
    Human resources
    32
    Security Scorecard
    68

    Threat indicators
    F
    43
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    B
    81
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    F
    43
    Application Security
    Detecting common website application vulnerbilities
    A
    90
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    D
    65
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    B
    80
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    brenntag.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    1
    Workforce Health Safety Issues
    0
    Product Service Issues
    4
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    5
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    5
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    2
    Workforce Disputes
    0
    Sanctions
    3
    esg energy transition
    50
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Hydraulic Fracturing Services market report transcript


    • Global Market Outlook on Hydraulic Fracturing Services

    • The global hydraulic fracturing services market is estimated to be valued at $31.4 billion by the end of 2020, and it is anticipated to reach $37.2 billion by the end of 2023, with a CAGR of 5-7 percent
    • The US is the significant market for hydraulic fracturing services, which accounts for more than 85 percent of the market in North America

    Global Hydraulic Fracturing Market Drivers and Constraints

    Drivers

    • Promising comeback of crude oil prices has  attracted E&P operators to increase their CAPEX spend
    • Due to technological optimization in fracturing method it is more widely adopted in regions likeLATAM, Europe and APAC after North America
    • Technical advancements, like slide sleeving, are changing the fracturing method. Many companies are exploring the possibility of using it over the traditional method of plug and perforation
    • In the US, an increase in the number of unfinished wells in shale basins is expected to drive the demand for hydraulic fracturing (as a part of completion)

    Constraints

    • Stricter policies and environment laws are limiting the scale of fracturing operations in several regions across the globe
    • Governments cite possible contamination to the aquifers a concern in limiting the fracturing activity
    • Water scarcity in parts of the US and China limits the spread of hydraulic fracking

    Cost And Pricing Analysis for Fracking Services

    • Consumables (frac proppants, chemicals, etc.) account for 45 percent of the total frack operation cost
    • The US market has the highest prevailing monthly rates because of the high number of call-out operations
    • Long-term contracts with an assured number of jobs can provide better cost efficiency to the operator

    Labor Cost Breakup

    • The typical fracking service crew consists of a frac supervisor, a hydraulic fracture engineer, three senior operators, a well head specialist, a senior lab technician, a data acquisition technician, a senior mechanic, a blender operator and a hydration unit operator
    • The crew works on a call-out basis and is charged on day-rate basis

    Hydraulic Fracturing Services Cost Breakup

    • The cost structure is based on a daily rentals basis, wherein the operator wants service company to provid equipment and personnel on call-out basis