The U.S. Shale Industry continues to deplete its DUCs – Drilled Uncompleted Wells inventory and will have difficulty increasing production if it can’t drill enough wells when these inventories run out. Also, the DUCs that were drilled in 2019 and 2020 were less expensive than the wells drilled today…
U.S. SHALE INDUSTRY DUC COUNT UPDATE: Eagle Ford Production Plateaus With 2000 More Wells
