After the number of drilled but uncompleted wells demonstrated a dramatic drop across multiple US basins in the past year, heightened drilling activity and stable commodity prices are starting to reveal a recovery of young DUCs. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Drilling and completions activity continued its strong recovery trajectory during the first quarter of 2021 as higher rig and frac crew counts led to higher US production, according to S&P Global Platts Analytics. In general, completions outpaced drilling which led to a higher utilization of the US DUC inventory. However, the number of young DUCs have started to rebuild with additional rig activity in the most profitable US oil and gas shale plays. A young DUC is a well that has been drilled within the last 90 days and is waiting on a frac crew to arrive onsite with the necessary […]