#rigdata

[octg-network]

Enverus:#RigData - US Weekly Rig Count ending November 12, 2020 = 379 (+20) #oilandgas #enverus #rigcount #oilandgaspeople #oilcountrymedia https://www.instagram.com/p/CHif044jLwC/?igshid=mb62gmrnkz8m

[octgpros]

Analysis: US crude stocks expected to drop as exports surge | S&P Global Platts

Analysis: US crude stocks expected to drop as exports surge | S&P Global Platts

New York — A strong uptick in US exports coupled with still-strong refinery runs likely contributed to a further draw in US crude stocks last week, an S&P Global Platts Analysis showed Monday.

Commercial crude inventories were expected to have fallen by 3 million barrels during the week ended 14 September, according to analysts surveyed by Platts on Monday. The expectations for a further decline…

[filtration-products]

Frac Spread Tracker Shows Growth Spurt  | Rigzone

by  Matthew V. Veazey

|

Rigzone Staff

|

Monday, October 22, 2018

Frac spread tracker talks frac pad trends.

Data are ubiquitous in the oil and gas industry, and statistics about drilling activity – such as the Baker Hughes Rig Count and S&P Global Platts’ RigData – provide snapshots about the health of the upstream industry.

Los Angeles-based Primary Vision, Inc. seeks to measure the state of the upstream based on another factor: hydraulic fracturing activity. The company presents this industry indicator by way of its proprietary “Primary Vision Frac Spread Count,” which tracks frac spreads.

“A frac spread, sometimes referred to as a frac fleet, is a set number of equipment that a pressure pumper – an oilfield service company – uses for hydraulic fracturing,” explained Matt Johnson, Principal with Primary Vision. “This includes a combination of fracturing pumps – also referred to frac pumpers and/or pumping units, data trucks, storage tanks, chemical additive and hydration units, blenders and other equipment needed to perform a frac stimulation.”

Johnson, who said that his company monitors tens of thousands of frac jobs annually, described frac spread counts as “a solid health monitor for operators, pumpers and all of hydraulic fracturing.”

What insights do frac spread counts reveal?

“If frac spreads are up, activity is up and likely production is growing as a result,” said Johnson. “If activity is down, the market may be going through a transition because of a variety of factors including pricing, logistics and supply/demand issues.”

Johnson said that his company’s frac spread counts have shown a clear growth trend sector-wide over the past 18 months.

“If you’re a water transfer company, proppant company, chemical company, etc., you’ve seen an increase in demand for your products and therefore, hopefully, revenues,” Johnson said. “The need for truck drivers is in high demand, which is obvious, and a need for temporary/static housing alternatives in growing regions, which might be less obvious.”

In addition, Johnson said that his company has reported that insurance premiums on the frac pad have been increasing as a result of inexperienced hires.

“Safety performance is being tied to executive compensation more than ever before, and the insurance industry stands to benefit at least from a premium standpoint,” Johnson said.

Since January, Primary Vision has reported some fluctuation in frac spread activity but Johnson said the latest movement has been upward.

“We saw spread demand swell this year, drawing us closer to full utilization, and then recede a bit over the summer,” Johnson recalled. “As we approached October, we’re seeing another growth spurt, probably tied to a healthy market and looming weather changes.”

Moreover, Johnson is seeing some interest in “greener” frac fleets that run on electricity – powered by natural gas turbines – rather than diesel generators.

“In terms of new orders, we’re seeing operators considering electric fracturing fleets as a serious alternative,” Johnson said. “While they still represent roughly one percent of all available spreads, this appears to be changing.”

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[octg-network]

Enverus:RigData - US Weekly #RigCount ending November 5, 2020 = 359 (+11). YoY is down 517. #enverus #rigdata #oilandgasindustry #oilandgas #oilcountrymedia https://www.instagram.com/p/CHQ6VUJj9Fh/?igshid=pzzjigansbfx

[octg-network]

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[octg-network]

Platts #RigData: Oct 4, 2018 Weekly US rig count=1,176(+1). US permits=1,050. @oilcountrymedia _________________________________ #oilandgaslife #oilfieldlife #permitsandplayers #americanoil #octg #riglife #drillingrig #oilcountry #oilandgas #oilfieldstrong #inspirationalpost #drillbabydrill #oilfieldfamily #millionairethinking #oilcountrymedia #casing #tubing #oilpatch #quoteaccount #millionaireimage #inspirationalpeople #kristenoctg #inspiringpeople #oilandgasindustry #crudeoil #naturalgas #oilandgasjobs #texasbusiness https://www.instagram.com/p/BoiFRYwFu9J/?utm_source=ig_tumblr_share&igshid=1h86nisg8yon9

[octg-network]

Platts #RigData: Weekly US rig count as of Aug 23 = 1,162 (-4). US permits= 790 #oilcountrymedia R&D Pipe Company @octg.pro #oilcountry #octg #casing #tubing __________________________________ #oilpatch #petroleumengineer #oilandgasindustry #oilboom #drillbabydrill #steelmill #naturalgas #oilrig #blackgold #oilcountry #drillingrig #businessownership #oilfieldstrong #oilfieldproud #crudeoil #casing #tubing #pipelines #octg #fraclife #inspirationalposts #pumpjack #americanbusiness #pumpingunit #oilandgas #crudeoil #oilfieldphotocontest #millionaireimage #millionairethinking https://www.instagram.com/p/Bm2SPPqB_23/?utm_source=ig_tumblr_share&igshid=1ladxsriup8e0

[octg-network]

Platts #RigData: Aug 9, 2018 US rig count=1157. US permits=776. @oilcountrymedia _________________________________ #rigup #oilandgaslife #octg #riglife #drillingrig #oilcountry #casing #oilandgas #oilfieldlife #oilfieldstrong #inspirationalpost #landrig#oilfieldfamily #oilcountry #millionairethinking #fraclife #petroleumengineering #oilcountrymedia #petroleum #casing #tubing #octg #oilpatch #quotes4you #quoteaccount #millionaireimage #inspirationalpeople #kristenoctg #inspiringpeople #oilandgasindustry #oilandgasjobs

[octg-network]

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A post shared by R&D Pipe Company | Oil & Gas (@octg.pro)

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[octg-network]

Natural Gas Vehicle and Station Awareness Training for Permian Basin First Responders The West Texas Energy Consortium is sponsoring this training along with ATMOS Energy and Freedom CNG Katherine E. Stokes @katya_bee4 West Texas Energy Consortium Executive Director #talktexasoil _________________________________ When: Wednesday, April 19, 2017: 8 am to 12 pm and 1 pm to 5 pm Thursday, April 20, 2017: 8 am to 12 pm and 1 pm to 5 pm Where: Atmos Energy Freedom CNG Station On behalf of Freedom CNG, please join us for a series of natural gas vehicle and station awareness trainings for the Permian Basin first responders. Attendees will learn: • Review of chemical and physical properties of natural gas • Overview on natural gas vehicles and stations • Scenario based firefighting techniques for CNG/ LNG • Pipeline Damage Prevention • Compressed Natural Gas Vehicle Demonstration • Compressed Natural Gas Station Tour Why: More than 9,500 natural gas vehicles travel the Texas highways. There are close to 100 public natural gas stations across the State with 3 in Midland alone. For more information about Freedom CNG, please visit: www.freedom-cng.com. Contact: Susan M. Shifflett 979/270-2045 susan@s3-services.com . Check out 👇👇these accounts! @katya_bee4 @freedom_cng @atmosenergy @talktexasoil #oilcountry @octg.pro https://instagram.com/p/BS1aVIZDH8Z/ _________________________________ #drillbabydrill #fossilfuels #oilpatchtough #oilfield #oilrig #oilfieldlife #oilcountry #oilchasers #petroleumengineering #petroleum #rigup #riglove #drillingcompany #rigdata #casing #tubing #oilcountrytubulargoods #octg #kristenoctg #inspirationalpost #businesstip #driller #firstresponders #businessowners #drillingpros #americanbusiness #drillingoil #riglife #permianbasin #talktexasoil #wtxec

[octg-network]

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A post shared by R&D Pipe Company | Oil & Gas (@octg.pro)

R&D Pipe Company at Permian Enterprises. #IPC 1505 Application. #permianenterprises @octg.pro #kristenoctg #oilandgas #tubing IPC 1505 is a thick-film fusion bond epoxy powder coating with superior handling characteristics for CO2, secondary and tertiary services with excellent temperature characteristics (250⁰ F). IPC 1505 has superior flexibility and abrasion resistance which make it an excellent choice for rod pump wells, disposal/injection wells and line pipe applications. Tag someone #oilcountry ! @octg.pro #oilfieldfamily __________________________________ #permianenterprises #coatedpipe #rdpipeco #pipelinelife #octg #blackgold #kristenoctg #casing #inspirationalpost #oilbusiness #oilfield #oilrig #oilpatch #oilandgas #oilfieldlife #oilcountry #oilchasers #oilmentors #petroleum #rigup #drillingcompany #rigdata #oilcountrytubulargoods #oilfieldmafia #oilprice #barrelsperday #oilpatch #oilcountrymedia https://www.instagram.com/p/BmtmiD_h-as/?utm_source=ig_tumblr_share&igshid=cyib0ieoroon

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