Backlog of drilled but uncompleted wells in Lower 48
DUC wells present in every major basin, but 70% of “old” DUC wells located in two basins Drilled but uncompleted (DUC) wells represent more than 250,000 b/d of additional crude supply and 4.0 Bcfd of natural gas supply that could come into the market as prices begin to recover, according to Wood Mackenzie. Based on […]
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