Title : Update On DUCS -- July 14, 2018
link : Update On DUCS -- July 14, 2018
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
- 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
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.
Thus Article Update On DUCS -- July 14, 2018
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