Petroleum has been less and less in the earth. However, only small part of the oil can be withdrawn from the oil well by the traditional method. Hydraulic fracturing is an effective way to improve the production of the oil well, in which the proppant plays an important role. As the low density proppant has the advantages of providing high flow conductivity and decreasing the consumption of the proppant, one kind of low cost and low density ceramic fracturing proppant were developed. The mechanical properties and densities of the samples were measured; then the specimens were identified by XRD and the microstructure was observed by SEM. The result showed that, when using bauxite, quartz, clay and manganese mineral as the main constituent, the ceramic proppant prepared meets the requirements of the Chinese petroleum and natural gas industry standards (SY/T 5108-2006) , in addition, it has the advantage of low cost and low density.