Random Update Of Inactive Wells And DUCs In The Bakken -- October, 23, 2018

This information is tracked elsewhere and that's where it will be updated (if I continue to do updates). This page will not be updated.

DUCs are pretty much "steady state," though technically they are noticeably increased since a year ago.

The number of inactive wells seems to have decreased significantly since a year ago.

DUCs and inactive wells are more closely correlated, all things being equal, with pad drilling compared to non-pad drilling.

The raw data of inactive wells and DUCS (first line, DUCs in blue):

August, 2018: 925, down 18 from previous report
inactive: 1,427, down 59

July, 2018: 943, down 50 from previous report
inactive: 1,486, up 28

June, 2018: 993, up 38 from previous report
inactive: 1,458, down 111

May, 2018: 955, up 13 from previous report
inactive: 1,569, down 48

April, 2018: 942, up 26 from previous report
inactive: 1,521, down 132

March, 2018: 916, up 15
inactive: 1,653, down 1

February, 2018: 901, up 48
inactive: 1,654, down 100

January, 2018: 853, down 24
inactive: 1,554, up 85

December, 2017: 877, down 6
inactive: 1,469, down 23

November, 2017:

October, 2017:

September, 2017: 853, down 10
inactive: 1,444, down 54

August, 2017: 863, down 26
inactive: 1,498, up 20

July, 2017: 889, up 34
inactive: 1,478

June, 2017: 865, up 35
inactive: 1,458, down 53

May, 2017: 830, unchanged
inactive: 1,511, up 45

April, 2017: 830, up 141
inactive, 1,466, up 167

March, 2017: 689, down 110
inactive: 1,299, down 312 (need to correct typo at that post)

February, 2017: 799, down 3
inactive: 1,611, down 67

January, 2017: 802, down 5
inactive: 1,678, up 105

December, 2017: 807, down 32

November, 2017: 839, down 21
inactive: 1,519, up 16

October, 2017: 860, unchanged
inactive: 1,500 (unchanged (AB and IA)

September, 2017:

August, 2017: 888, down 24
inactive: 1,514, up 44

July, 2017: 912, up 25
inactive: 1,486, down 98

June, 2017: 887
inactive: 1,584

May, 2017: 931, up 39
inactive: 1,584, down 6

Disclaimer: in a long note like this and with so many numbers, and no triple-checking and no NYT fact-checker, there will be factual and typographical errors.