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Today in charts, we are taking a look at DUCs.
One thing is clear: even as operators continue reduce their rig count, DUCs continue to rise.
To Get DUCs by Basin and operator, hop over to our DUCs database. (requires a premium subscription)
DUCs by Basin
Now lets take a look at the Eagle Ford, who holds some 720 DUCs (prior to 2016) and 681 (post 2016).
The question we often get is why do you do a cut-off for DUC counts at 2016. The reason is simple, over the last 2 years we have not seen more than 2 wells completed that were spudded in 2016. That leads us to believe that most of those wells will most likely only get completed when oil price reaches a +$91/bbl.
Top Companies.
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