He was completely unaware of this data point, from the February, 2019, North Dakota/Bakken director's cut:
Off line:A total of 2,561 wells off-line. That's two-to-three times the number of wells that will be drilled in North Dakota this year.
- DUCs: 894, up 27 from last report (tracked here)
- inactive: 1,667, up 150 from last report
- total: 2,561 (up from 2,384 last month, about 800 more wells than will be drilled this calendar year)
Look at the jump in the number of "inactive" wells -- up 150 from the previous report.
Just saying.
Link here.
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