STAGES Update: 9/24/2021

STAGES update for the fourth week of September:

STAGES Pumped

Another large jump in crews this week, +5, the STAGES pumped reached another 52 week high.

STAGES Created

Horizontal rigs increased by 5, mostly coming from a 5 rig jump in Oklahoma. This is the highest rig count since April of 2020.

STAGES Ratio

The STAGES Ratio increased by 1% again, increasing the ratio above the 6-month moving average for the first time since July 23rd.