STAGES Update: 6/18/2021

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STAGES update for the week ending June 18, 2021

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STAGES Pumped

The frac crew count continued its march upward with the addition of 5 more crews.

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STAGES Created

The horizontal rig count added 4 more rigs this week, the increase was spread amongst the smaller basins with 1-2 rigs in Williston, Niobrara, Wyoming, and Utica. Though the rig count was up, the mix of locations resulted in a slight decrease in the number of stages created.

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STAGES Ratio

The STAGES Ratio was flat for this week, though the 6 month moving average ticked up to 50%.

STAGES News

According to Enervus, the major operators in the Gas rich basins are as follows:

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STAGES Analysis: Pioneer Natural Resources

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STAGES Update: 6/11/2021