STAGES
Frac Trends, Analysis, News
STAGES Pumped
The Primary Vision Frac Spread count provides a weekly summary of how many active Frac Crews there are in the US. Using this information, along with knowledge of current operations, I’ve calculated how many stages are being pumped in the US for the previous week.
Week Ending 1/28/2022
14,616 (224)
STAGES Created
The Baker Hughes Rig Count provides a summary of how many rigs are operating in the US. Using this information along with knowledge of wells/month and stages/well by basin, I’ve calculated how many stages were created through drilling each week.
Week Ending 1/28/2022
14,018 (219)
STAGES Ratio
Understanding the frac crew to rig ratio could provide some insight into where the market is moving. What is the balance between stages created and stages pumped.
Week Ending 1/28/2022
47% (-1%)
STAGES Update: 12/23/2021
December 23, 2021 Update: STAGES pumped continues to fall, just a holiday break?
STAGES Update: 12/17/2021
December 17, 2021 Update: STAGES pumped falls off as the frac crew count drops.
STAGES Update: 12/10/2021
December 10, 2021 Update: STAGES pumped starts to fall while stages created jumps.
STAGES Update: 12/3/2021
December 3, 2021 Update: STAGES growth on pause as oil prices have a large drop after Thanksgiving.
STAGES Analysis: EOG Update
In 2021 EOG has continued to execute on their plan for the year with great success. They’ve reduced their costs more than expected through new technology and have committed to returning more cash to investors through capital discipline.
STAGES Update: 11/26/2021
November 26, 2021 Update: STAGES continue to rise with yearly highs for horizontal rigs and frac crews.
STAGES Update: 11/19/2021
November 19, 2021 Update: STAGES continue to rise with yearly highs for horizontal rigs and frac crews.
STAGES Update: 11/12/2021
November 12, 2021 Update: STAGES continue to rise with yearly highs for horizontal rigs and frac crews.
STAGES Update: 11/5/2021
November 5, 2021 Update: STAGES created continued to grow while STAGES pumped remained flat, plus news of consolidations in the industry.
STAGES Update: 10/29/2021
October 29 2021 Update: STAGES continue to grow slightly as the markets watch to see what happens with commodity prices.
STAGES Update: 10/8/2021
October 8 2021 Update: A large jump in the number of rigs shows how operators are responding to a 7 year high in commodity prices
STAGES Update: 10/1/2021
October 1 2021 Update: How long can DUC completions hold up? Are increasing oil prices encouraging operators to monetize them now?
STAGES Update: 9/24/2021
September 24 2021 Update: Frac crews continue to increase bucking the expected trend of STAGES created and pumped reaching balance.
STAGES Update: 9/17/2021
September 17 2021 Update: Frac crews experience a huge jump this week, STAGES Pumped and STAGES Created are both the highest of the year.
STAGES Update: 9/10/2021
September 10, 2021 Update: Frac Crews are bucking the expected trend of reaching equilibrium.
STAGES Update: 9/3/2021
September 3, 2021 Update: Frac Crews remain flat while rig count continues to rise.
STAGES Update: 8/27/2021
August 27, 2021 Update: One last hoorah for frac crews? + the largest operators in the Rockies.
STAGES Update: 8/20/2021
August 20, 2021 Update: STAGES pumped both fell slightly. How will a drop in the number of DUCS affect the overall frac market?
STAGES Update: 8/13/2021
August 13, 2021 Update: STAGES pumped started to improve after a two-week decline. Chesapeake made its first post-bankruptcy acquisition.