DUCs Have Built A Nice Tailwind For 2H17 Frac Demand. The Permian Stands Head And Shoulders Above The Rest [6 Charts]

We don’t take the EIA data on completions and DUCs (drilled but uncompleted wells) at face value. But we do look at their work for directional trends on DUCs, which can be a good leading indicator for trends in frac horsepower demand. In this update, you’ll find our analysis of this week’s data release from the EIA and our thoughts on what it means for 2H17 activity levels.

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