Over 600 DUC wells are intentionally delayed in each of the largest shale oil plays

August 4, 2016

By looking at the intentionally postponed (abnormal) part of DUC inventory, Rystad Energy observes that all major liquid basins are exposed to completion delays. Bakken was the first play where completion delays became visible already in early 2015. Since then, the abnormal inventory in this play has increased from 150 to 600 wells, thanks to the North Dakota Industrial Commission’s incentive to extend completion delay allowance from 12 to 24 months. The Eagle Ford and the Permian Basin followed the trend in H2 2015 and more than 600 abnormal DUCs have been observed in these plays recently.

 

Meet us at the Summer NAPE Expo Booth #2626 in Houston, Texas on August 10-11, 2016 to learn more about our North American Shale Solutions that equip you with insightful data and analyses. 

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Contacts

Artem Abramov, Senior Analyst
Phone: +47 24 00 42 00
artem.abramov@rystadenergy.com

Julia Weiss, VP Marketing
Phone: +47 48 29 87 61
julia.weiss@rystadenergy.com

 

About Rystad Energy

Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products.

Rystad Energy’s headquarters are located in Oslo, Norway, with additional research teams in India. Further presence has been established in Norway (Stavanger), the UK (London), USA (New York & Houston), Russia (Moscow), Brazil (Rio de Janeiro) and Singapore.

 

About our North American Shale Solutions

Rystad Energy’s North American Shale Solutions, NASSolutions, provide you with an in-depth coverage of the North American Shale industry and include the following:

NASWellCube: North American Shale Well Database containing official state well data for key shale gas and tight oil plays in the US and Canada, including production, activity and costs per well

NASCube: North American Shale Database providing complete and bottom-up North American shale data coverage with both historical and forecasted production, reserves and economics for all key shale plays

NASReport: North American Shale Report with unique market insights into current activities and economic potential of tight oil and shale gas plays in the US and Canada

NASMaps: North American Shale Maps with comprehensive overview of key shale gas and tight oil plays in the US and Canada, including geology, company acreage and well location maps