Investment firm Tudor, Pickering, Holt & Co. said this week Permian Basin is again the top location of U.S. hydraulic fracturing crews. Marcellus Basin in Pennsylvania had replaced Permian as No. 1 in Tudor’s previous report, but 10 more crews have returned to oilfield since – most of them in Permian. Of the 450 available crews in U.S. and Canada, Tudor estimated about 80 to 85 are deployed – 36 percent in Permian, 27 percent in Marcellus and 12 percent in Eagle Ford.
Current # of U.S. frac spreads is 74 at last count.