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Bloomberg Webinar Slides!

Matthew Johnson by Matthew Johnson
January 15, 2024
in Frac, Market Trends, News, Proppant, Sales, Water
0
Bloomberg Webinar Slides!

The Frac Spread Count is the number of active pressure pumper spreads (or sets of equipment) that sit on a singular well pad that perform stimulation’s (aka hydraulic fracturing). 

The Frac Spread Count is to frac spreads (pressure pumper, stim crews, frac fleets) what the Baker Hughes/Enverus rig counts are to rigs.

Active & Marketed Horsepower

HAL, PTEN, LBRT and ProFrac represent 65% of the active frac supply market.

Top 10 Active Pressure Pumpers

Frac Spread Count Activity: Shale Basin Market Share

Electric Spreads Update

Pressure Pumper Notes

Introducing: Frac Index

The Primary Vision Takeaway

Capacity Increase? – Not in 2024.

Efficiency gains – Bigger Jobs, Cheaper Fuels

Electric Growth?  Option #1

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