Random Note On DUCs In The Bakken -- December 8, 2016

Updates

Later, 12:36 p.m.: A question from a reader --  I noticed 4 wells are on your oldest DUC list today.  They are now listed as "NCW."  What exactly does the "W" mean? See this post: http://themilliondollarway.blogspot.com/2016/12/new-acronym-in-bakken-ncw-december-8.html.

Original Post

DUCs: According to the November, 2016, Director's Cut: estimated wells waiting on completion is 861, down 27 from the end of August to the end of September. 

Updating DUCs:

2Q16: the "oldest" ten DUCs in 2Q16 have not been completed. After not finding one DUC completed among the ten oldest, I quit looking at DUCs in 2Q16.

1Q16: eleven "oldest" DUCs:

• 30612: Sinclair, still a DUC
• 31322: EOG, completed; IP = 1,432
• 31323: EOG, completed; IP = 1,758
• 29767: Hess, completed; IP = 673 
• 30988: EOG, still a DUC
• 30989: EOG, still a DUC
• 31218: XTO, completed; IP = 594; not a particularly good well yet;
• 30751: XTO, completed; IP = 912; a nice well;
• 31468: SM Energy, completed; IP = 140
• 31308: EOG, still a DUC
• 30750: XTO, completed; IP = 1,656; a great well

4Q15: ten "oldest" DUCs:

• 30723: XTO, still a DUC
• 30722: XTO, still a DUC
• 30767: Statoil, completed; IP = 1,644
• 30721: XTO, still a DUC
• 23790: CLR, still a DUC
• 30720: XTO: still a DUC
• 23791: CLR, still a DUC
• 31037: Statoil, still a DUC
• 30880: EOG, completed; IP = 423
• 23793: CLR, still a DUC

Note this well from 1Q16:

• 31389, 131, Denbury Onshore, CHSU ML13-09SH 05, Cedar Hills, horizontal (but not fracked, of course), South Red River B, cum 42K 10/16