While negative data trends are still plentiful (earnings / anec- dotes have also been terrible), in this report we are focusing on several new positive datapoints. Some of these datapoints include 1) select areas that have actually seen an uptick in recent permit activity 2) several privates that are ADDING rigs and 3) frac data that is trending higher than ‘on-the-ground’ anecdotes. If oil prices can hold around $25/bbl, more of thesepositive trends could emerge with frac fleet reactivations bylate-May / early-June.