What is Primary Vision?
Primary Vision is a leading authority in monitoring the health of U.S. fracturing operations (hydraulic fracturing, commonly known as fracking or frac’ing) through our suite of industry data and forecasts, including the Frac Spread Count™ and Frac Job Count.
We monitor active operators, pressure pumpers, and locations involved in hydraulic fracturing, ensuring wells are completed and brought online for production. Our extensive database includes well-level consumables, providing detailed information on essential downhole components such as water, proppant, and chemicals.
We also track U.S. refracturing activities, highlighting their significant potential in the industry, and specialize in offering comprehensive Natural Gas Liquid (NGL) forecasts for the U.S. market via our NGL Monitor.
Our services cater to a diverse range of needs, offering premium subscriptions for affordable access to select macro indicators and enterprise subscriptions for comprehensive granularity. Additionally, we provide consulting and AI services tailored specifically to the oil and gas industry, delivering comprehensive insights and support.
What services do you offer?
Primary Vision offers a range of services focused on providing market intelligence and insights related to the global oil and energy sector. Their offerings include:
- NGL Monitor: Supply and demand data for natural gas liquids with weekly updates, forecasts, and commentary.
- Frac Spread Count™: Predictive data on the number of active pressure pumpers, tracking operators by basin, state, and county with weekly updates and forecasts.
- Frac Job Count: Predictive data on the number of active jobs (completions), tracking the weekly national number of jobs being performed.
- Research Portal Subscriptions: Access to the National Frac Spread Count™ & Frac Job Count, Monday Macro View, Market Sentiment, Oilfield Service Earnings coverage provided by our team of analysts and unique insights from Senior Economist Mark Rossano.
- Refracs: Operator and location tracking, as well as discovery, selection, and execution tools.
- Bloomberg Terminal Offering: Get the Frac Spread Count™, proppant data and more from our unique entitlement offer. You must have a Bloomberg Terminal Subscription to access our data and forecasts.
Learn more by visiting our SIGN UP page on the menu or contacting us here: info@primaryvision.co
Where is your office located?
Primary Vision headquarters is located in Sheridan, Wyoming. Please contact us at info@primaryvision.co for a mailing address.
How much do your services cost?
Some of our services are free! We also have off the shelf solutions that start at $500. Enterprise products are available as well that provide further granularity.
What are your payment terms?
Typically we require payment at time of service.
What is your cancellation policy?
Primary Vision offers a pro-rata refund for any of its premium offerings. Primary Vision does not offer a cancellation policy for any of its Enterprise offerings.
How can I contact you?
By Phone: +1-713–554-4977
By Email: info@primaryvision.co
By Address: Primary Vision, LLC 3050 Post Oak Blvd, Suite 510 Houston, TX 77056, USA
How do you calculate your frac spread count?
Primary Primary Vision has a dedicated process to learning about the Frac Spread Count™:. We can provide detailed data samples, methodology and use cases about the Frac Spread Count™ as well as custom one on one demonstration. Contact us at info@primaryvision.co to get more information.
What is the difference between a frac spread and a hydraulic fracturing unit?
One Frac Spread = One Hydraulic Fracturing Unit = One Completion Team = One Stim Crew
The nomenclature for a frac spread has been called many things over the lifetime of hydraulic fracturing including: stim crew, completion crew, frac crew, frac fleet, frac spread and many more etc.
The Frac Spread Count™ is the number of active pressure pumper spreads (or sets of equipment) 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.
If you have questions that aren’t answered here, contact us by email at info@primaryvision.co and we’ll get back to you within the same business day.
FAQs about NGL, NGL Monitor, Access and Usage, Accuracy and Methodology and other topics.
FAQs about NGL, NGL Monitor, Access and Usage, Accuracy and Methodology and other topics
What is the NGL Monitor?
The NGL Monitor is a tool developed by Primary Vision that visualizes and forecasts EIA natural gas liquid data, helping users gain valuable insights into supply and demand trends. The tool addresses the existing two-month lag in data by providing real-time updates and forecasting up to 12 months in advance.
How do I access the NGL Monitor?
You can access the NGL Monitor through the Primary Vision platform. Simply sign up or log in to your account, navigate to the NGL Monitor section, and start using the tool.
How frequently is the EIA data updated in the NGL Monitor?
The EIA data is updated monthly, and our NGL Monitor incorporates these updates to provide the most accurate and up-to-date information on supply and demand trends. Concurrently we add one additional month of forecasts.
Can I search the EIA time series data by specific parameters?
Yes, our NGL Monitor allows you to search the monthly time series data by code, title, category, sub-category, and individual product dating back to 2010.
Can I filter the supply and demand forecasts by specific factors?
Yes, the NGL Monitor allows you to filter supply and demand forecasts by aggregate, as well as by plants, refineries, and imports, and by hydrocarbon when available.
Can I export the data from the NGL Monitor?
Yes, as part of your subscription the raw data can be exported or distribute to you via FTP, SQL or email. Please contact your account manager to learn more.
How accurate are the forecasts provided by the NGL Monitor?
While no forecasting tool can guarantee 100% accuracy, the NGL Monitor leverages the latest EIA data and advanced analytics to provide the most reliable and accurate forecasts possible. We continuously improve our forecasting models to enhance their accuracy and reliability. We will be providing deltas to our forecasts inside of the monitor to show their effectiveness. More information will be shared on this as the product continues to evolve.
How does the NGL Monitor handle missing or incomplete EIA data?
In cases of missing or incomplete EIA data, the NGL Monitor employs advanced interpolation and estimation techniques to fill in the gaps, ensuring that the forecasts remain as accurate and reliable as possible.
What types of statistical models does the NGL Monitor use for forecasting?
The NGL Monitor utilizes a combination of statistical models, including time series analysis, regression analysis, and machine learning algorithms, to generate accurate and reliable forecasts for natural gas liquid supply and demand.
How does the NGL Monitor account for seasonality in its forecasts?
The NGL Monitor incorporates seasonal decomposition of time series data, which helps identify and adjust for seasonality patterns in natural gas liquid supply and demand trends. This ensures that the forecasts generated are more accurate and relevant to current market conditions.
How does the NGL Monitor handle extreme events or anomalies in the data?
The NGL Monitor employs robust outlier detection and smoothing techniques to minimize the impact of extreme events or anomalies in the data, ensuring that the forecasts remain as accurate and reliable as possible.
How does the NGL Monitor adjust its forecasts in response to changes in market conditions?
The NGL Monitor continuously incorporates the latest EIA data and market information into its forecasting models. As market conditions change, the tool adjusts its forecasts accordingly to ensure they remain relevant and accurate. Over the past decade, Primary Vision Network has positioned itself as an industry leader in monitoring operator and pumper activities through our proprietary Frac Spread Count™. Our services offer unparalleled granularity, reflecting our deep understanding of industry seasonality and trends. To maintain our competitive edge, we have developed an advanced manual exception handling tool that allows for the fine-tuning of our forecasts in response to unforeseen events, such as short-term weather anomalies or major economic disruptions like the Covid-19 pandemic.
What kind of support is available if I encounter issues while using the NGL Monitor?
We offer dedicated customer support to help you with any issues or questions you may have while using the NGL Monitor. You can reach our support team at info@primaryvision.co. Most inquiries are answered within a 12 hour period.
Can I create custom forecast scenarios using the NGL Monitor?
This feature isn’t available on platform, however the raw data and forecasts can be exported and distributed to use as inputs.
Can I compare historical data with the NGL Monitor's forecasts?
Yes, the NGL Monitor allows you to compare historical data alongside its forecasts, enabling you to evaluate the tool's accuracy and reliability over time and make more informed decisions based on past trends.
Can I integrate the NGL Monitor's data and forecasts into my existing business intelligence tools?
Yes, the NGL Monitor offers data export capabilities, please contact your account manager for integration consulting and options.
How can I provide feedback on the NGL Monitor's forecasts or suggest improvements to the tool?
We welcome user feedback and suggestions for improvement. You can contact our support team with your feedback, and we will consider your input as we continuously work to enhance the NGL Monitor's features and functionality. The best method is through email at info@primaryvision.co.
Established in 2011, we are renowned for our expert frac data and analytics, providing a rich array of unique indicators and industry commentary.
