With oil prices still recovering, Drilled, Uncompleted wells (DUCs) are on the rise in the Midland Basin.
Recent DUC Activity - Midland Basin
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DUCs by Company
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More Drilled Uncomplete (DUC) News

Brigham Minerals First Quarter 2022 Results
Brigham Minerals, Inc. announced record operational and financial results for the quarter ended March 31, 2022. Highlights: Record daily production volumes of 12,031 Boe/d (71% liquids, 51% oil)…

Brigham MInerals First Quarter 2021 Results
Brigham Minerals, Inc. reported its Q1 2021 results. Q1 Highlights: Daily production volumes of 8,931 Boe/d (70% liquids, 51% oil) Down 5% sequentially from Q4 2020 due to…

Continental IDs 2021 Capex, Plans Production Increase; Talks 2020 Results
Continental Resources, Inc. announced its full-year 2020 and fourth quarter 2020 operating and financial results, as well as its 2021 capital expenditures budget and operating plan. 2021 Plan…

SM's Credit Line Reaffirmed at $1.1B; Plans to Complete Six South TX DUCs
SM Energy Co. has reported several updates including results of its borrowing base redetermination and a new third party agreement for new wells in South Texas. Borrowing Base…

Haynesville Operator to Ramp Drilling & Completions in 2021
Comstock Resources provided an update on its 3rd quarter results, but the most interesting bit relates to the new 2021 budget the company provided. As you can see…
North America News

Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…

These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…

Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…

Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…

Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
Permian News

Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…

Permian Resources to Grow Production 6% in 2026
Permian Resources exited 2025 as the largest pure-play Delaware Basin operator with ~480,000 net acres and >105,000 net royalty acres. The company averaged 392.6 MBoe/d in 2025, including…

Battalion Oil Closes ~$60M West Quito Draw Asset Sale
Battalion Oil Corporation has closed the sale of its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources LLC, a subsidiary of MCM Energy…

Deal Rumor: ConocoPhillips Exploring $2B Permian Asset Sale
ConocoPhillips is reportedly exploring the potential sale of certain Permian Basin assets in a transaction valued at approximately $2 billion, according to Reuters, citing sources familiar with the…

This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
