Share on LinkedInShare on LinkedIn

ARTICLE · 29 JUNE 2016

Get Your DUCs In A Row?

Earlier this spring, we touched on drilled but uncompleted wells ("DUCs") and what impacts these DUCs may have.

United StatesEnergy and Natural Resources

Earlier this spring, we touched on drilled but uncompleted wells ("DUCs") and whatimpacts these DUCs may have.

This month, it seems that everywhere I turn I see an article on DUCs – which have also been referred to as the "fracklog."

Let's try to get our DUCs in a row – what information do we need to know to have an understanding of what's quacking– oh wait, wrong kind of duck:

  • What is a DUC? "DUC" is shorthand lingo for a drilled but uncompleted horizontal oil well – it is a well that has been drilled but is awaiting completion services.
  • Why are companies drilling but not completing wells? An entire article was devoted to this very subject in Oil & Gas 360 a couple of weeks ago – "Reasons for Not Completing a Well."The main theories behind DUCs seem to be: (1) conserving cash flow – actively drill the well and leave it uncompleted to keep money in the bank in the short term, due to the higher costs of completing a well; (2) the economics of

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from