The number of drilled-but-uncompleted shale wells (DUCs) in the United States reached a record high in March 2018, according to a monthly report by the US Energy Information Administration (EIA). There were 7,692 DUCs in the US in March, up from 7,598 in February and 4% higher compared with the end of 2017, the April Drilling Productivity Report (DPR) showed. The latest figure reflects a rise of nearly 29% in the number of DUCs compared with a year earlier.
The huge backlog of...
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