The number of drilled but uncompleted oil wells in the U.S. fell again in March according to new information released Monday by the Department of Energy.
The total of DUCs in January was 4,528 and fell to 4,372 or a decline of 156 by February.
In the Anadarko Basin, the number of DUC wells fell from 758 in January 2022 to 748 in February.
The graph below shows the decline in other oil and gas plays.
|Drilled but uncompleted wells (DUC)
|Region||January 2022||February 2022||change|
The Energy Department also released figures on the average decline in oil and gas production in the same basins.
|New-well oil production per rig
|New-well gas production per rig
thousand cubic feet/day
|Region||March 2022||April 2022||change||March 2022||April 2022||change|