Jun 27, 2016
When Drillinginfo first started releasing counts of the Drilled but Uncompleted wells (DUCs) in the U.S., I immediately was questioned on how to interpret the results. Everyone had a different DUC well definition, depending on what they actually wanted to evaluate. So let me suggest some terminology to clarify what we are talking about…
DUC well: At Drillinginfo, we begin our analysis with the literal definition: a well that has been drilled and has not yet been completed.[1] As of June 23, we had approximately 6,100 DUC wells in the 14 states where we track DUC wells, excluding new wells drilled in the month of June, as shown in Figure 1.
<click on the link to read the rest of the article>
http://www.forbes.com/sites/drillinginfo/2016/06/27/american-ducs-drilled-uncompleted-wells/#1c4f9a03774e
What ever disunites man from God, also disunites man from man. ~~Edmund Burke
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