US shale drillers keep their powder dry for now, but it remains unclear how they’ll respond in 2022 as the declines in drilled but uncompleted wells (DUCs) and inventories come to bear, says Johannes Van Der Tuin Increasing global oil demand has started to revive US hydrocarbon production, but any recovery is nascent at best and – as with other areas of the global economy – the pandemic accelerated trends within the US shale patch that had already been at work prior to 2020. As the latest round of US earnings calls highlighted, management teams and investors remain focussed squarely […]
Technical features
November 17, 2025
