What is the Frac Spread Count?
A proprietary method developed by Primary Vision to track active pressure pumpers and help forecast demand in the U.S. nationally and by basin. Sometimes referred to as the FSC.
What is the Frac Job Count?
A proprietary method developed by Primary Vision to compliment the Frac Spread Count with a weekly time series focused on individual completions. Sometimes referred to as the FJC.
What is PV Internal ID?
A Unique Identifier for each well pad. Related to all of the wells on the well pad.
What is the Frac Job ID?
Related to every unique pairing (API Number, Job Period)
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What is a “running” Frac Spread?
A spread that can be shown as active inside of the time series.
What is an “active” Frac Spread?
A running spread that is anticipated to be active based on our Frac Spread Count algorithm.
What is a Frac Job?
A word created internally to mark a single well completion or multiple wells if its plural.
What is the Job Start Date?
The date on which fracturing of the formation or lateral was initiated.
What is the Job End Date?
The ending date of a “Frac Job” (aka a completion) used to determine job end.
What is the TVD?
(True Vertical Depth) in oil and gas refers to the true vertical distance from the surface to a specific point in a wellbore, usually the bottom of the well, which is an important measurement for determining drilling and production parameters.
What is Frac Number (refers to Refracs)?
The Frac Number indicates how many fracturing treatments (fracs) a well has undergone. If the number is greater than one, it means the well has been refrac’d, which involves repeating the fracturing process to enhance production. In some cases, a well may have been refrac’d multiple times, with some wells receiving up to four refrac treatments.
