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Title : Update On DUCS -- July 14, 2018
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Update On DUCS -- July 14, 2018

See Director's Cut, May, 2018, data.

From the June 29, 2018, update, now updated through most recent data, adding data for May, 2018:

From most recent data, May, 2018 - May, 2017, most recent to oldest, which brings us up to date:

• taken from my posts on the blog. In May, 2017, I started posting DUCs and inactive wells on a regular basis. It's too time consuming to go back and fill in the few months in which I did not post data so I'm not going to fill in that bit of missing data. I think the existing data tells the story. 
• data below: month/year, DUCs, inactive wells. All data below, including the up/down change were taken directly from the NDIC Director's Cuts
• range:
• • an outlier, March, 2017: 689
  • otherwise, a low of 799 in February, 2017
  • a high of 955 in the most recent month, May, 2018
• not graphed, but the trend for the past four months has been up 
• • January, 2018: 853
  • up 48 in February, 2018, 901
  • up 15 in March, 2018, 916
  • up 26 in April, 2018, 942 
  • up 13 in May, 2018, 955

Inactive wells:

• in data presented, we have never gone above 1,700 inactive wells
• number of inactive wells in the past three months are among the highest numbers in the data presented

The raw data:

May, 2018: 955, up 13 from previous report
inactive: 1,569, down 48

April, 2018: 942, up 26 from previous report
inactive: 1,521, down 132

March, 2018: 916, up 15
inactive: 1,653, down 1

February, 2018: 901, up 48
inactive: 1,654, down 100

January, 2018: 853, down 24
inactive: 1,554, up 85

December, 2017: 877, down 6
inactive: 1,469, down 23

November, 2017:

October, 2017:

September, 2017: 853, down 10
inactive: 1,444, down 54

August, 2017: 863, down 26
inactive: 1,498, up 20

July, 2017: 889, up 34
inactive: 1,478

June, 2017: 865, up 35
inactive: 1,458, down 53

May, 2017: 830, unchanged
inactive: 1,511, up 45

April, 2017: 830, up 141
inactive, 1,466, up 167

March, 2017: 689, down 110
inactive: 1,299, down 312 (need to correct typo at that post)

February, 2017: 799, down 3
inactive: 1,611, down 67

January, 2017: 802, down 5
inactive: 1,678, up 105

December, 2017: 807, down 32

November, 2017: 839, down 21
inactive: 1,519, up 16

October, 2017: 860, unchanged
inactive: 1,500 (unchanged (AB and IA)

September, 2017:

August, 2017: 888, down 24
inactive: 1,514, up 44

July, 2017: 912, up 25
inactive: 1,486, down 98

June, 2017: 887
inactive: 1,584

May, 2017: 931, up 39
inactive: 1,584, down 6

Disclaimer: in a long note like this and with so many numbers, and no triple-checking and no NYT fact-checker, there will be factual and typographical errors.

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