STAGES Update: 9/10/2021

STAGES update for the second week of September:

STAGES Pumped

The frac crew count increased by 4 to reach the highest count this year. The STAGES pumped and the number of crews appear to be bucking the trends of the DUCS and drilled wells reaching equilibrium.

STAGES Created

The horizontal rig increased fell by 2, led by a 2 rig drop in the Marcellus.

STAGES Ratio

The STAGES Ratio increased by 1% after the rig count fell and the crew count increased.