STAGES Update: 7/9/2021
STAGES update for the first week of July:
STAGES Pumped
The frac crew count added to 4 to reach 238, another high mark since the pandemic started.
STAGES Created
The horizontal rig count by 4 this week, with an increase of one in the Permian, Marcellus, and Utica.
STAGES Ratio
The STAGES Ratio was flat for this week.
STAGES News
Two large acquisitions were announced in the Oilfield Services Space. Patterson-UTI gobbled up Pioneer Energy Services and Ranger Energy Services acquired PerfX wireline.