“And we've had price spikes and then sharp decreases. But also there's a lot of inventory, or there was, on, we call them ducts, drilled but uncompleted wells. They gave operators an opportunity to put wells online, complete them.”

Ryan Pittman · Eversheds Sutherland - Legal Insights · Energy Transition Series: Energy Transition and Pricing Volatility

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What was described

leveraged drilled-but-uncompleted wells (ducts) to bring additional production online without drilling new wells

20% increase in LNG feed-gas demand since 2024

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