Baytex Energy Corp T.BTE

The shocking truth frac count vs production 2022 Part 2

[BayStreetWolfTO]

HERE IS THE OTHER SIDE

The bears, shorts and distorters love to talk rig count rising...but looking at the numbers it really is shocking

Dec 31-21
US Production 11,800
US Frac Spread 234

Oct 21-22
US Production 12,000
US Frac Spread 298

THAT IS A 27% INCREASE IN FRAC SPREADS WITH ONLY A 1.7% INCREASE IN PRODUCTION...

OH IT'S FRAC BABY FRAC WITH HORRIBLE RATES!!!  LOL

[Chrisinvan7]

Fracin' awesome

[BayStreetWolfTO]

Yes, US is going to have a major problem going forward. Equipment and younger gen eco woke doesnt want to work rigs.