STAGES Update: 11/26/2021

STAGES update for the Thanksgiving week:

STAGES Pumped

Frac crew count gained 4 this week to reach another high for the year.

STAGES Created

For the third week in a row, horizontal rig count increased by 7, led by the Permian with an increase in 4.

STAGES Ratio

The STAGES Ratio remained flat for the week and is still at parity with the 6 mos moving average.

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STAGES Analysis: EOG Update

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STAGES Update: 11/19/2021