Bakken leads rig count increase

There are a lot of barometers we can use to measure the amount of activity taking place in the¬†oil field and which direction it’s heading, and one of them is the rig count; that’s the number of active drilling rigs working in North Dakota. And the news is slanting slightly towards the positive. Last month

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Oil drilling rig count at 58 and still falling

The active rig count dropped to 58 on Monday, and there are three more rigs that will shut down after completing their current well. It’s the lowest rig count since 2009. More from Amy Dalrymple writing at Oil Patch Dispatch, a Forum Communications blog.

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ND’s Oil Rig Count Drops to 98

North Dakota’s rig count dropped below a hundred. This number is lower than Department of Mineral Resources director Lynn Helms predicted as a bottom number from just a few months ago. The WTI closed down slightly at $48.84.

Read & Share   sourced from: KMOT News