Watch for Falling Gas DUCs: E&Ps Resume Completions at $4 Gas
hartenergy.com
Drilled but uncompleted (DUC) gas wells that totaled some 500 into September 2024 have declined to 295, according to a J.P. Morgan Securities analysis of Enverus data.
The U.S. gas-well DUC count is declining precipitously, particularly in the Marcellus Shale, according to new Enverus data.
Typically, more gas wells are turned inline (TIL’ed) beginning after summer to capture winter-month futures prices.
But U.S. producers departed from this in 2023 as a persistently low Henry Hub price resulted in the total number of gas DUCs climbing to more than 600 in January 2024, according to the Enverus data.
Tags:
Can sorta relate as 2 DUC's w/ PNG that have been plugged since 2022 completion were frac'd & were TIL'ed last week of Dec.
It's about time. There are way too many Haynesville wells in limbo. I wish the article was more specific on HA DUCs.
459 members
240 members
257 members
442 members
302 members
© 2026 Created by Keith Mauck (Site Publisher).
Powered by
GoHaynesvilleShale.com is where mineral owners, landowners and oil & gas professionals discuss the Haynesville Shale, Austin Chalk, Terryville Complex, Tuscaloosa Shale, Lower Smackover Brown Dense and lithium plays. Ask questions, share what you know, and keep up with activity in your parish or county. [ Read More ]