The North American Frac Spread Count has increased to triple digits this week, according to big data company Primary Vision . The Frac Spread Count, which calculates the fracking completion crews currently finishing off wells, increased this week to 101, up by 12 from last week, the data released on Wednesday shows. This is likely attributed, according to Primary Vision, to operators shifting their focus from drilling new wells to finishing off already-drilled ones. The largest gains are seen in the Eagle Ford, the Haynesville, and Bakken formations. Some of these completion plans were hatched last year in better times, and some of it can be attributed to seasonality—there is often an uptick in well completions after the summer season, according to Primary Vision data. Still, the frac spread count is a fairly reliable indicator of the overall health of the industry. While this data suggests that things may […]