- Fully utilized fleets dropped to 130 in February down from over 170 in January
- This compares to an average of 145 in Q4’20
- Total active fleets in the field are tracking close to 200 (95 of those in the Permian),
- This compares to 170 at year end
- After the slowdown in February (and assuming continued ramp in March), completion activity is on track to be flat to up ~10% q/q.
- Get more shale stats in our Monthly Shale Activity Data download also released today
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