API | Drilling Down On The Federal Leasing Facts
https://www.api.org/news-policy-and-issues/exploration-and-production/drilling-down-on-the-federal-leasing-facts
WEBDespite attempts to portray the industry as stockpiling unused permits, “a greater share of federal leases by over 40% in the last year, from 7,700 to 4,400. The number of DUCs available has fallen for 20 consecutive months. DUCs are ready to produce once the circumstances align – weather, financial, supply chain issues, infrastructure etc.
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