EOG And Continental Are Aggressively Completing Their DUCs Now

Leading Independent E&Ps like EOG Resources and Continental Resources are moving quickly now to complete their excess drilled but uncompleted (DUC) well inventories. The recent increase in oil prices into the $45 – $50 range was the signal to complete ’em if you got ’em. In this update we review the specifics and discuss the implications for US production, service contractors, and the nascent recovery.

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