Rig Count FRIDAY!!

Rigs +14 today, mostly oil.

DUC wells to be reported on in a few days. August to September saw an increase of 192 DUCs to reach 8,389.

DUCs to increase or decrease for October? 

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8 minutes ago, Rodent said:

Rigs +14 today, mostly oil.

DUC wells to be reported on in a few days. August to September saw an increase of 192 DUCs to reach 8,389.

DUCs to increase or decrease for October? 

Lol its like the US wants a bust cycle, maybe they are banking on OPEC cutting production so they can swoop in and steal some market share

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You'll see the inventory increase due to bottlenecks and lack of completion crews. I don't see DUC's decreasing until the last quarter of 2019

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