Crude Oil Brokers Scam Blog
Wednesday, 4 August 2021
‘Live’ DUC count hits 2013 low as the US continues to frac more than it drills
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. More »
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