Mid-Week Update May 18th, 2023

May 18, 2023

Key takeaways

Senior Analyst Mark Rossano takes you through a massive U.S. completion’s update discussing slowdowns in production, rising natural gas prices, and the overall drop in oil demand.

Mid-Week Update May 18th, 2023




1. PRIMARY VISION INSIGHTS by MARK ROSSANO** - ENTERPRISE ONLY

insights
Are frac spreads being relocated to other basins?

Senior Analyst Mark Rossano takes you through a massive U.S. completion’s update discussing slowdowns in production, rising natural gas prices, and the overall drop in oil demand. The future of the energy market is uncertain, but there are some positive signs for the consumer, such as the decline in natural gas prices.  Will we see demand return in 2023?

2. GLOBAL ECONOMY UPDATE* - PREMIUM

global-economic
Are we on the edge of a global economic crisis?

The global economy is slowing down. Both the World Bank and IMF predict global GDP growth will drop below 2% this year.  It is important to note that this is just a prediction, and avoiding a recession is still possible.  The article covers some important indicators to follow and we even provide an update on this week’s Monday Macro View video which is completely free.

3. GASSY BASINS CONTINUE TO DECLINE* – PREMIUM

Are frac spreads being relocated to other basins?

The energy market is facing challenges due to slowdowns in production, rising natural gas prices, and declining demand for crude oil. Mark Rossano, senior analyst at Primary Vision Network, covers it all on this week’s Frac Spread Count show available to premium and enterprise subscribers.

*Premium

**Enterprise Subscribers

Learn more about a subscription here or email us directly: info@primaryvision.co

Source: Primary Vision EFRACS research. Citation suggestion: "Primary Vision LLC, 'Mid-Week Update May 18th, 2023', EFRACS, 2023."