Production to fall 400 MMcf/d by end of summer Operators rely heavily on DUCs during rebound Although Bakken natural gas production rebounded over the past year, volumes look to dip substantially during the summer despite higher oil-to-gas ratios and additional processing capacity due to reliance on drilled-but-uncompleted wells. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The large number of DUC wells and weaker flaring are unlikely to provide an upside risk to Bakken production much longer, according to a forecast by S&P Global Platts Analytics. When WTI prices fell as low as minus $36.98/b in April 2020, Bakken production declined from 2 Bcf/d the 30 days before to 1.5 Bcf/d the 30 days after and eventually reached 1.5 Bcf/d in May and June 2020. Platts Analytics expected a brief recovery before production declines again, thanks to a lower number of rigs. The basin […]