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Rules of Thumb

Spears has developed a list of handy Rules of Thumb that help us quickly size up companies and markets. This Excel spreadsheet helps quickly answer questions like:

  • What is the quarterly revenue generating capacity for a coiled tubing unit working in Canada?

  • How many stages can a frac spread pump in the Bakken each quarter?

  • What are the hourly rates for a Class V workover rig versus a Class III well servicing rig in the MidContinent?