Primary Vision Network on YouTube

August 28th, 2020

In this video transcript, the speaker discusses various topics related to the energy industry. The main points covered include:

1. Introduction and upcoming shows: The speaker introduces themselves and mentions that the next shows will focus on EIA (Energy Information Administration) and frax spread.

2. Frax spread numbers: The speaker mentions that the final frax spread number is 297, with a slight increase from the previous week. They also discuss the activity in different areas and the positive impact on production.

3. Production forecast: The speaker predicts a production of about 12.3 million barrels per day for this year and around 12.7 million barrels per day for the next year. They mention the need for a significant increase in frax spread counts to reach higher production levels.

4. Market struggles: The speaker highlights the struggles in the physical market, with a surplus of products in West Africa and the Middle East. They discuss the impact on differentials and the need for incentives to boost buying.

5. Demand softening: The speaker mentions that demand continues to soften and provides data points to support this claim. They emphasize the importance of understanding crude demand in relation to historical trends.

6. Rig count: The speaker mentions the increase in rig count, with additional oil, gas, and horizontal rigs coming to the market. They explain the significance of horizontal rigs in terms of cost savings and efficiency.

Based on these key points, some appropriate hashtags and SEO tags could be:

#energyindustry #fraxspread #productionforecast #marketstruggles #demandsoftening #rigcount

To see all videos click here:

From Fracking activity and Fracking market trends to Oil and Gas News, Hydraulic Fracturing and Frac Spread Count, we bring you shows covering:

EIA (typically Wednesdays) – Senior Analyst Mark Rossano covers imports, exports and refined product data from the EIA on a weekly basis.

Economy (typically Thursdays) – Senior Analyst Mark Rossano helps produce a five-video series pulling a variety of data points to monitor the health of the economy. Nothing is left uncovered in this deep dive weekly narrative that covers everything from inflation, supply chain metrics to covid-19 lockdowns, geopolitics and so much more!

*Premium Subscribers only* – Frac Spread Count – Primary Vision releases its Frac Spread Count data and video on Friday afternoons. The number that tracks the weekly number of active pressure pumpers in the United States. Contact us to learn more.

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