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S&P presenters outline stable DUC inventory and broader economic risks; lawmakers press for payroll and debt impact details
Summary
S&P Global presenters said drilled-but-uncompleted (DUC) well inventories for the Bakken appear stable in the near term, and the committee pressed presenters for more detail on the composition of payroll gains and risks from rising federal borrowing.
S&P Global presenters addressed the state—s energy and overall economic outlook and responded to lawmakers— questions about drilled-but-uncompleted (DUC) wells in the Bakken, the mix of private versus government payroll gains and the effects of continued high federal borrowing on macroeconomic projections.
Senator Beckendall asked Steven Adams whether the presenter expected an increase or decrease in DUC well inventories for the Bakken over the next two years; the committee recorded a staff response that inventory appeared to remain "pretty stable" in the near…
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