| |
0 Pages

DUC and recover: a play-level look at the L48 uncompleted well backlog

DUC and recover: a play-level look at the L48 uncompleted well backlog

Report summary

Drilled but uncompleted wells (DUCs) gained prominence in early 2015 as commodity prices continued to fall and operators chose to leave the resource in the ground until prices improved. The number of wells currently in the DUC backlog represents, at its peak, 250,000 bbl/d of additional crude supply and 4.0 bcfd of gas supply that could come online relatively quickly as prices recover. The decision to complete the backlog can be made at much lower commodity prices as compared to new drill opportunities given drilling costs are sunk and breakeven economics can be up to 30% lower. Based off of our proprietary North American Well Analysis Tool ('NAWAT'), this detailed data set and analysis outlines how Wood Mackenzie estimates and tracks drilled but uncompleted (DUC) wells throughout the US Lower 48.

What's included?

This report includes 2 file(s)

  • DUC and recover - a play-level look at the L48 uncompleted well backlog.pdf PDF - 1.14 MB
  • DUC and recover - a play-level look at the L48 uncompleted well backlog.xls XLS - 5.73 MB


This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • DUC and recover: a play-level look at the L48 uncompleted well backlog
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.