Dateline City:
HOUSTON
BHP Billiton, Chesapeake, Anadarko, EOG Resources, ConocoPhillips and Pioneer Resources Own Nearly 40 Percent of Optimal DUC Wells in Eagle Ford
Faced with continued market uncertainty due to falling oil prices in late 2014, U.S. oil producers operating in shale plays such as the Eagle Ford in south Texas have built a large inventory of nearly 1,400 drilled, but uncompleted wells (DUC) that are now driving the investment focus for many operators. The most promising of these wells belong to just a handful of operators in the play, giving them a likely advantage, according to new analysis from IHS (NYSE: IHS), the leading global source of critical information and insight.
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