Why I Love To Blog -- Reason #8 -- DUCs -- January 26, 2021

Hey, go back to this list from yesterday, Enerplus agrees to buy Bruin. At least three take-aways:

• $3,000 / acre
• the deal in the works just as the federal ban on leasing went into effect
• DUCs.

See the graphic at the link, re-posted below.

This is the first time I've seen such prominent placement of DUCs.

We were talking about DUCs years ago. 

DUCs are tracked here. 

For DUCs tag, here. 

By the way, this was a huge, huge deal for Enerplus. Somewhat counterintuitive.