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DUC well inventory sufficient to support US fracking deep into 2021

DUC well inventory sufficient to support US fracking deep into 2021

September 5, 2020

OSLO — The recovery of fracking operations in the US is happening largely thanks to an unusually high inventory of drilled but uncompleted wells (DUCs), which is strong enough to sustain the current level of fracking without the industry adding more rigs to expand drilling deep into 2021, a Rystad Energy analysis shows.

After DUCs run out, however, rig activity in the five key oil regions needs to be in the 280-300 range to maintain flat oil output.

Trends in U.S. Oil and Natural Gas Upstream Costs - EIA Report

Trends in U.S. Oil and Natural Gas Upstream Costs - EIA Report 

The US Energy Information Administration (EIA) published this report on March 2016. We understand this is useful information to understand the onshore and offshore costs of the oil and gas industry, basically upstream costs. In several parts of the report are considered the costs of chemicals and fluids, and since we supply this green solutions to oil and gas industry, we found useful to publish the link to the report. 

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