Rystad: DUC inventory dropping by yearend

Rystad Energy expects US unconventional oil well completions to outpace drilling activity during the second half, resulting in 800 fewer drilled but uncompleted (DUC) horizontal wells. Source: News


Reaching 2022 RFS goals could be difficult, House subcommittee told

Substantially increased use of biofuels by 2022 under more ambitious goals set by the 2007 Energy Independence and Security Act won’t be achieved with the low percentages of ethanol and biofuel that account for nearly all of their current use, a US Energy Information Administration official told a US House Energy and Commerce subcommittee. […]