Focus On Fracking -- February 20, 2022

Link here. The lede:

• oil supplies at a 13-year low;
• oil + products supplies at a 7 1/2 year low;
• DUCs down 40% YoY, lowest since Jan 2014
• US oil supplies are at a 13-year low,
• Strategic Petroleum Reserve at a 19-year low;
• total oil + products supplies at a 7 1/2-year low;
• distillate supplies are at 26-month low after refinery freeze offs;
• DUCs down 40% YoY and are lowest since Jan 2014 with DUCs in 4 basins at record lows;
• 5.0 month DUC backlog is lowest in 7 years;
• natural gas rigs rise most in 57 months

Bakken DUCs -- Most Recent Data -- Provided By A Reader -- February 20, 2022

Month/Year
Note: break between 2014 - 2017.

Bakken
	Drilled	Completed	DUC
Dec-13	--	--	570
Jan-14	178	143	605
Feb-14	210	158	657
Mar-14	224	218	663
Apr-14	217	207	673
May-14	226	208	691
Jun-14	236	225	702
Jul-14	250	243	709
Aug-14	226	207	728
Sep-14	256	232	752
Oct-14	186	243	695
Nov-14	209	202	702
Dec-14	224	194	732
Jan-17	62	52	781
Feb-17	51	58	774
Mar-17	78	71	781
Apr-17	78	104	755
May-17	94	82	767
Jun-17	76	105	738
Jul-17	95	103	730
Aug-17	99	110	719
Sep-17	98	97	720
Oct-17	104	110	714
Nov-17	93	86	721
Dec-17	77	65	733
Jan-18	107	72	768
Feb-18	74	74	768
Mar-18	95	90	773
Apr-18	109	110	772
May-18	124	131	765
Jun-18	108	118	755
Jul-18	134	155	734
Aug-18	108	138	704
Sep-18	108	122	690
Oct-18	120	118	692
Nov-18	110	99	703
Dec-18	108	70	741
Jan-19	120	71	790
Feb-19	108	56	842
Mar-19	111	110	843
Apr-19	118	112	849
May-19	127	127	849
Jun-19	118	149	818
Jul-19	122	122	818
Aug-19	122	144	796
Sep-19	110	88	818
Oct-19	116	108	826
Nov-19	96	88	834
Dec-19	94	86	842
Jan-20	99	98	843
Feb-20	94	100	837
Mar-20	94	108	823
Apr-20	69	33	859
May-20	33	14	878
Jun-20	18	11	885
Jul-20	18	22	881
Aug-20	19	27	873
Sep-20	18	51	840
Oct-20	19	41	818
Nov-20	20	31	807
Dec-20	20	50	777
Jan-21	20	41	756
Feb-21	19	26	749
Mar-21	25	47	727
Apr-21	27	52	702
May-21	29	68	663
Jun-21	31	52	642
Jul-21	32	62	612
Aug-21	39	66	585
Sep-21	41	76	550
Oct-21	42	71	521
Nov-21	43	73	491
Dec-21	46	73	464
Jan-22	46	73	437