The Bakken: Swing Producer -- August 19, 2019

Number of DUCs in the Bakken at an all-time high; 983 in more recent month data available (June, 2019); 985 the previous month; jumped from 962 in April, 2019, to 985 in May, 2019. Swing producer?

This data is tracked at this site.

Disclaimer: this is my data. It may different from official data posted by the NDIC. My data comes from the NDIC reports but I often make typographical errors. If this is important to you, go to the source.

The time required for a DUC to bring new oil on line is measured in days, not weeks. If that's a bit of hyperbole, and I don't think it is, then the time required for a DUC to bring new oil on line is measured in weeks, not months.