New York, NY, May 22, 2019 --(PR.com)-- Primary Vision, a leading distributor of data on hydraulic fracturing activity in the United States, has debuted a new visual detailing their Frac Spread Count system, which provides valuable insights and analytics for oil and gas industry professionals and investors – watch here.
The latest visual guides viewers through Primary Vision’s innovative system, beginning with an explanation of a frac spread, which refers to an exact number of equipment that a pressure pumper (oilfield service company) uses for hydraulic fracturing. Trusted by companies of all sizes, the data reported in the Primary Vision Frac Spread Count provides the highest daily value of active frac spreads for a given week. The counts, which are updated weekly in the U.S. and monthly in Alberta, CA, are based on a proprietary algorithm that forecasts frac spreads by the most prolific basins across North America.
After explaining the ins and outs of the Frac Spread Count, the visual then delves into specifics on the various benefits of their innovative system, which allows elite operators, pumpers, proppant companies, chemical companies, financial institutions, media organizations and more to monitor the health of the entire frac’ing industry. Their trademarked system provides granular data by operator, pumper and region, which helps to analyze oilfield service and ancillary businesses as well as monitoring important policy changes to see how those changes affect frac spread counts locally and regionally. The Frac Spread Count has slowly become the industry standard for tracking hydraulic fracturing activity.
Unlike traditional rig counts, Primary Vision’s Frac Spread Count monitors tens of thousands of frac jobs annually, providing a better indicator of oil coming online by operator, region, state and country. Trusted by companies of all sizes, Primary Vision’s Frac Spread Count allows its customers to understand their client and supplier relationships better and has become a useful tool in forecasting production.
To learn more about Primary Vision’s Frac Spread Count, please visit fracspreadcount.com/learn.
About Primary Vision
For oil & gas industry professionals and investors looking for competitive advantage and actionable business intelligence, Primary Vision provides the most granular data as well as sophisticated analytics on water, proppant and stimulation chemicals used in hydraulic fracturing. The Frac Spread Count is a trademark of Primary Vision, Inc., providing nuanced information and data analytics for active hydraulic fracturing activity throughout the United States and Canada.
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