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The global oilfield is being rewritten.AI infrastructure is adding a new layer of power demand. Data center expansion is...
06/04/2026

The global oilfield is being rewritten.

AI infrastructure is adding a new layer of power demand. Data center expansion is changing the way markets think about long-term energy needs. At the same time, frac capacity is tightening, regional activity is shifting, and the U.S. Strategic Petroleum Reserve sits far below its former peak.
Join Primary Vision CEO Matt Johnson in collaboration with Bloomberg for a webinar on the changing face of the global oilfield.

📅 2nd July
🕙 10 AM EST

Register now: www.primaryvision.co/third-party-opinion/

Nabors Industries is seeing signs of a stronger drilling market, with activity improving internationally and in the U.S....
06/03/2026

Nabors Industries is seeing signs of a stronger drilling market, with activity improving internationally and in the U.S. But does this mean the second half of 2026 could finally bring a bigger recovery or is volatility still holding operators back? We break down what this could really mean for Nabors.
https://efracs.primaryvision.co/landing/

Primary Vision was featured in Nikkei Asia’s June 2026 coverage on Pakistan’s plan to build a strategic oil reserve as t...
06/03/2026

Primary Vision was featured in Nikkei Asia’s June 2026 coverage on Pakistan’s plan to build a strategic oil reserve as the Iran crisis raises fresh concerns over supply security.

For Pakistan, the issue is clear. Heavy import dependence leaves the economy exposed when regional tensions rise, crude prices move, or shipping routes face pressure.

For the wider market, this is another reminder that energy security is becoming a boardroom issue again.

Read the full report
https://efracs.primaryvision.co/landing/

Primary Vision was featured in Oilprice.comU.S. drillers added more rigs this week as higher prices started pulling acti...
06/02/2026

Primary Vision was featured in Oilprice.com

U.S. drillers added more rigs this week as higher prices started pulling activity back into the field.

According to Baker Hughes, the total U.S. oil and gas rig count rose to 562, now just 1 rig below the same period last year.

But rig count alone does not tell the full story.

Drilling activity shows where operators are leaning in. The next question is whether that activity turns into completions, higher frac demand, and stronger production expectations.

That is the gap the market has to watch closely.

Are higher prices enough to sustain new drilling momentum, or are operators still keeping capital discipline in control?

Read the full Oilprice feature.
https://efracs.primaryvision.co/landing/

Primary Vision was featured in Yahoo Finance.U.S. drillers added more rigs this week as higher prices brought more activ...
06/01/2026

Primary Vision was featured in Yahoo Finance.

U.S. drillers added more rigs this week as higher prices brought more activity back into the field. According to Baker Hughes, the total U.S. oil and gas rig count rose to 562, only 1 rig below the same period last year.

That gap matters.

The rig count shows where drilling momentum is building, but the bigger question is what happens next. More rigs can point to stronger upstream confidence, but production expectations depend on how drilling connects with completions, frac activity, and field ex*****on.

That is where the conversation gets more interesting.
Are higher prices starting to shift operator behavior, or is the market still moving cautiously?

Read the full Yahoo Finance feature.
https://efracs.primaryvision.co/landing/

This week’s Monday Macro View opens with a question the market should be asking more carefully:Which basins are actually...
06/01/2026

This week’s Monday Macro View opens with a question the market should be asking more carefully:

Which basins are actually driving the rise in frac spreads?

Active spreads have stayed relatively flat, but the amount of work being executed per spread has increased. That means the market may not be seeing a simple activity rebound. It may be seeing higher completion intensity, stronger ex*****on, and a different kind of capacity utilization across key basins.

A flat Frac Spread Count does not always mean flat field activity. If jobs per spread are rising, production expectations, service demand, consumables usage, and basin-level momentum all need to be read differently.

In this week’s MMV, we look beyond the national number and ask where the work is really coming from, which basins are carrying the load, and what that says about the next phase of U.S. shale activity.

Read the full Monday Macro View.
https://efracs.primaryvision.co/landing/

BP has announced 14 discoveries since early 2025.But the real story is not just the number.Many of these discoveries are...
05/31/2026

BP has announced 14 discoveries since early 2025.
But the real story is not just the number.

Many of these discoveries are short-cycle opportunities that can be tied back quickly to existing infrastructure, giving BP a clearer path to near-term production growth while helping offset natural decline.

For BP, the question is shifting from exploration success to ex*****on speed.

How much of this discovered resource can move into production, and how quickly?

Read the full report.
https://efracs.primaryvision.co/landing/

This week's Frac Spread Count and Frac Job Count data is now live.The latest numbers are available on our site current s...
05/29/2026

This week's Frac Spread Count and Frac Job Count data is now live.

The latest numbers are available on our site current spread deployments, job completions, basin-level breakdowns, and week-over-week movement.
If you're tracking U.S. completions activity, this is the weekly update that tells you what's actually happening in the field.

Access the data:
https://efracs.primaryvision.co/landing/

China imports over 10 million barrels a day. It fills strategic reserves when prices dip. It pulls back when margins tig...
05/28/2026

China imports over 10 million barrels a day. It fills strategic reserves when prices dip. It pulls back when margins tighten. And every move it makes ripples directly into OPEC+ strategy, US operator confidence, and completions spending across North American basins.

But here's what most coverage misses: China doesn't just react to oil prices. It sets the floor under them. And when that floor shifts, frac schedules in the Permian feel it before earnings calls acknowledge it.

We wrote about how long China can keep playing both sides of the market. This one's a free read.
https://efracs.primaryvision.co/landing/

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