'Live' DUC count hit 2013 low as the US continues to frac mo

'Live' DUC count hit 2013 low as the US continues to frac more than it drills


‘Live’ DUC count hit 2013 low as the US continues to frac more than it drills
8/3/2021
US tight oil operators have for several months been depleting their inventory of drilled but uncompleted wells (DUCs) and, amid a slower drilling response, the number of ‘live’ DUCs in the country’s major oil regions slumped to 2,381 wells in June 2021, the lowest level since 2013, a Rystad Energy analysis reveals.
The total number of horizontal DUCs in the Permian, Eagle Ford, Bakken, Niobrara and Anadarko regions combined fell to 4,510 wells by the end of June. That implies a reduction of 1,800 wells from the peak of 6,340 in June 2020 and an average depletion of 150 wells per month over the past 12 months. The last time the size of the inventory was at this level was in the second half of 2018.

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, Artem Abramov , Rystad Energy , Anadarko , Eagle Ford , Texa Eagle Ford , அனடற்கோ , கழுகு ஃபோர்ட் ,

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