Learn about actual and potential costs
How much should I pay for Hydraulic Fracturing Services?
What is the average price of Hydraulic Fracturing Services?
This procurement report includes pricing information to help you purchase Hydraulic Fracturing Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Hydraulic Fracturing Services been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Hydraulic Fracturing Services yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Hydraulic Fracturing Services?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Hydraulic Fracturing Services with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase Hydraulic Fracturing Services?
There are an estimated 640 suppliers of hydraulic fracturing services that operate throughout the United States. Market share concentration is high, with the top four suppliers accounting for over 50.0% of the total market value. Although startup costs include large capital investments, operating costs are low relative to potential revenue.... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What does your company do to stay informed of all regulations and changes that may occur?
In the event that your company does not follow all regulations, how does this affect me as the buyer?
Does your staff have all the required certifications needed to legally perform hydraulic fracturing?
Has your company ever experienced any legal complications from failing to comply with any laws?
Can you provide testimonials from past or current customers?
How many of your clients are returning customers?
How do you work with your customers to guarantee their satisfaction?
Do you offer any incentives for returning customers?
What is the minimum level of training your staff is required to complete?
Do you provide ongoing training for your staff to ensure their knowledge and skills are up to date?
Regarding the team that will be on this project, how long has each member been with your company?
If a member of your team leaves during the operation, will they be replaced with an equally qualified employee? How will the length of the project be affected?
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Key elements for every RFP
What should my Hydraulic Fracturing Services RFP include?
Buyers should specify their total budget.
Buyers should provide an explanation of how additional costs will be handled, such as transport, housing and other travel expenditures.
Buyers should ensure the proximity of suppliers to reduce lead times.
Buyers should reference the Buying-Decision Scorecard section of this report for key criteria to consider when evaluating providers.
Buyers should specify the date when proposals are due and when the award will be announced.
Buyers should specify the required duration of the contract.
Evaluate major factors to mitigate risk
How risky is the Hydraulic Fracturing Services supply chain?
The supply chain for hydraulic fracturing services poses a moderate risk of creating cost fluctuations or service disruptions for buyers. The key inputs of this service include specialized industrial machinery, various materials used during fracturing and the trucks used to transport these materials. Suppliers use industrial machinery manufacturers to... Subscribe to learn more.