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.
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Active & Marketed Horsepower
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HAL, PTEN, LBRT and ProFrac represent 65% of the active frac supply market.
Top 10 Active Pressure Pumpers
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Frac Spread Count Activity: Shale Basin Market Share
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Electric Spreads Update
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Pressure Pumper Notes
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Introducing: Frac Index
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The Primary Vision Takeaway
Capacity Increase? – Not in 2024.
Efficiency gains – Bigger Jobs, Cheaper Fuels
Electric Growth? Option #1