Source: Excerpt from current issue of RADAR, September 29, 2016

Over past two years a trend began growing among shale and other tight oil and gas focused oil and gas producers: Due to the high cost of completions and with high hopes of commodity prices returning to 2014 levels, operators began essentially “banking” oil and gas in wells instead of bringing them in to production.

Shortly after prices began to fall, the inventory of drilled but uncompleted wells (DUCs) started to increase, immediately catching the industry’s attention as a whole and became a new and crucial metric to monitor. But finding information on this elusive inventory of DUCs has been difficult for industry analysts and the oil and gas community alike.

To find out more about identifying DUCs and the new Platts WELLSCAPE P2P dataset call 800-371-0083