Title : The Market, Energy, And Political Page, T+9 -- November 15,2018
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The Market, Energy, And Political Page, T+9 -- November 15,2018
EIA's monthly drilling productivity report was released November 13, 2018. Link here. At the link one can find "new-well production per rig by region"; production by region; and, DUCs by region.Look at all the DUCs in Eagle Ford -- double that of the Bakken. And then look at all the DUCs in the Permian -- 5x as many. Is that correct? So, the Permian has almost twice/thrice as many DUCs as all the wells that will be drill in North Dakota this year. I assume about 1,400 wells will be drill in North Dakota this year, and there are 3,900 DUCs in the Permian.
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