Bakken Shale Drilling

Bakken Rig Count Increases

New Drilling Buffer Zones Proposed
Bakken Rig Count Climbs

Bakken Rig Count Climbs

The Bakken-Three Forks rig count increased this week to 76 rigs running across our coverage area.

In recent Bakken news, Montana’s  Board of Oil and Gas Conservation is considering a proposal that will require buffers zones around homes to protect them from oil and gas drilling.

Read more:Dakota Access Pipeline Concerns

The U.S. rig count increased slightly, ending with 862 rigs running by midday Thursday.  A total of 219 rigs were targeting natural gas (nine less than the previous week) and 640 were targeting oil in the U.S. (12 more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)   76 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs increased to 75 rigs this week with Bloomberg reporting WTI oil prices trading at $56.72/bbl on Friday morning, a $2.91 decrease from the previous week. WTI-Brent decreased $1.41 landing to $61.85. The Bakken has zero natural active gas rig in the area this week with futures dropping to $2.71/mmbtu.

McKenzie County continues to lead development and is running 3o running this week, while Williams increased to 18 and Mountrail stayed flat at 11. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 73 rigs are drilling horizontal wells
  • 2 rigs are drilling directional wells
  • 1 rigs are drilling vertical wells

Be sure to visit our Bakken Job Listings to search openings and come back weekly for updates or sign up for alerts – Daily or Weekly Email Alerts

Bakken Drilling by County

County State Previous Wk Current Wk County State Previous Week Current Week
MCKENZIE ND 30 30 ROOSEVELT MT 0 0
WILLIAMS ND 17 18 RICHLAND MT 0 0
MOUNTRAIL ND 11 11 MERCER ND 0 0
DUNN ND 10 10 MCHENRY ND 0 0
DIVIDE ND 3 3 GOLDEN VALLEY ND 0 0
WIBAUX MT 0 1 FALLON MT 0 0
STARK ND 0 1 DAWSON MT 0 0
RENVILLE ND 1 1 DANIELS MT 0 0
MCLEAN ND 1 1 BURKE ND 0 0
WARD ND 0 0 BOTTINEAU ND 0 0
VALLEY MT 0 0 BILLINGS ND 0 0
SHERIDAN MT 0 0

Bakken Oil & Gas News

New York Bans Fracking

WPX Plans to Increase Bakken Activity

Two Saltwater Leaks in North Dakota

What is the Rig Count?

The Bakken Shale Rig Count is an index of the total number of oil & gas drilling rigs running across Montana and North Dakota. The rigs referred to in this article are for ALL drilling reported by Baker Hughes and not solely wells targeting the Bakken formation. All land rigs and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count.

Read more at bakerhughes.com


Bakken Rig Count at 73

Dakota Access Pipeline Moves Forward
Bakken Rig Count Decreases

Bakken Rig Count Decreases

The Bakken-Three Forks rig count decreased this week to 73 rigs running across our coverage area.

In recent Bakken news, Energy Transfer Pipeline is moving forward with plans to build a massive 1.134 mile pipeline that will transport crude from the Bakken through South Dakota and into Patoka, Illinois amid public concerns.

Read more:Dakota Access Pipeline Concerns

The U.S. rig count increased slightly, ending with 859 rigs running by midday Friday.  A total of 228 rigs were targeting natural gas (five more the previous week) and 628 were targeting oil in the U.S. (three less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  74 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs fell to 73 rigs this week with Bloomberg reporting WTI oil prices trading at $59.63/bbl on Friday afternoon, a $.02 decrease from the previous week. WTI-Brent increased $.24 landing to $63.26. The Bakken has zero natural active gas rig in the area this week with futures dropping to $2.77/mmbtu by midday.

McKenzie County continues to lead development and is running 3o running this week. Williams stays at 18, but Mountrail loses two rigs to 11. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 72 rigs are drilling horizontal wells
  • 1 rigs are drilling directional wells
  • 0 rigs are drilling vertical wells

Be sure to visit our Bakken Job Listings to search openings and come back weekly for updates or sign up for alerts – Daily or Weekly Email Alerts

Bakken Drilling by County

Bakken Oil & Gas News

Two Saltwater Leaks in North Dakota

Turning Drilling Waste into Roads

What is the Rig Count?

The Bakken Shale Rig Count is an index of the total number of oil & gas drilling rigs running across Montana and North Dakota. The rigs referred to in this article are for ALL drilling reported by Baker Hughes and not solely wells targeting the Bakken formation. All land rigs and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count.

Read more at bakerhughes.com


Bakken Rig Count Increases

U.S. Rig Count Slows its Decline
Bakken Rig Count Increases

Bakken Rig Count Increases

The Bakken-Three Forks rig count gained one this week with 76 rigs running across our coverage area.

In recent Bakken news,OPEC announced last they will stick with their policy to produce oil at a high rate, a measure that may signal they are underestimating Bakken producers.

Read more:OPEC Decision Doesn’t Intimidate

The U.S. rig count slowed its decline this week falling by two to 857 rigs running by midday Friday.  A total of 223 rigs were targeting natural gas (dtwo more than the previous week) and 631 were targeting oil in the U.S. (four less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)   76 rigs are running in the Williston Basin across MT, ND, and SD. 76 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs stayed at 75 rigs this week with Bloomberg reporting WTI oil prices trading at $59.61/bbl on Friday afternoon, an $.37 decrease from the previous week. WTI-Brent fell $.67 landing to $63.02. The Bakken has zero natural active gas rig in the area this week with futures increasing to $2.82/mmbtu by midday.

McKenzie County continues to lead development and is running 3o running this week. Williams (17) and Mountrail (13) counties are the next closest producers. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 74 rigs are drilling horizontal wells
  • 1 rigs are drilling directional wells
  • 1 rigs are drilling vertical wells

Be sure to visit our Bakken Job Listings to search openings and come back weekly for updates or sign up for alerts – Daily or Weekly Email Alerts

Bakken Drilling by County

County State Previous Wk Current Wk County State Previous Week Current Week
MCKENZIE ND 30 30 SHERIDAN MT 0 0
WILLIAMS ND 18 17 VALLEY MT 0 0
MOUNTRAIL ND 13 13 WIBAUX MT 0 0
DUNN ND 9 10 BILLINGS ND 0 0
DIVIDE ND 4 4 BOTTINEAU ND 0 0
MCLEAN ND 1 1 BURKE ND 0 0
RENVILLE ND 0 1 GOLDEN VALLEY ND 0 0
DANIELS MT 0 0 MERCER ND 0 0
DAWSON MT 0 0 STARK ND 0 0
FALLON MT 0 0 WARD ND 0 0
RICHLAND MT 0 0 MCHENRY ND 0 0
ROOSEVELT MT 0 0

Bakken Oil & Gas News

Turning Drilling Waste into Roads

North Dakota Fights Fracking Rule
New Legislation Closes Fracking Loophole

What is the Rig Count?

The Bakken Shale Rig Count is an index of the total number of oil & gas drilling rigs running across Montana and North Dakota. The rigs referred to in this article are for ALL drilling reported by Baker Hughes and not solely wells targeting the Bakken formation. All land rigs and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count.

Read more at bakerhughes.com


Bakken Rig Count Remain Steady

Recent Flooding Threatens Some Producers
Bakken Rig Count Remains Steady

Bakken Rig Count Remains Steady

The Bakken-Three Forks rig count remained flat this week with 75 rigs running across our coverage area.

In recent Bakken news, North Dakota experienced its wettest May on record and all the rain is causing trouble for some oil and gas producers. Flood waters threaten operators near the confluence of the Missouri and Yellowstone rivers.

Read more: Floods Threaten Bakken Producers

The U.S. rig count fell by nine, ending with 859 rigs running by midday Friday.  A total of 221 rigs were targeting natural gas (down one from the previous week) and 635 were targeting oil in the U.S. (seven less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)   76 rigs are running in the Williston Basin across MT, ND, and SD. 76 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs stayed at 75 rigs this week with Bloomberg reporting WTI oil prices trading at $59.98/bbl on Friday afternoon, an $.85 increase from the previous week. WTI-Brent increased $.38 landing at $63.691. The Bakken has zero natural active gas rig in the area this week with futures trading dipping to $2.76/mmbtu by midday.

McKenzie County continues to lead development and is running 3o running this week. Williams (18) and Mountrail (13) counties are the next closest producers. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 73 rigs are drilling horizontal wells
  • 1 rigs are drilling directional wells
  • 1 rigs are drilling vertical wells

Be sure to visit our Bakken Job Listings to search openings and come back weekly for updates or sign up for alerts – Daily or Weekly Email Alerts

Bakken Drilling by County

Previous Week Current Week County State Previous Week Current Week
MCKENZIE ND 30 30 VALLEY MT 0 0
WILLIAMS ND 18 18 WIBAUX MT 0 0
MOUNTRAIL ND 13 13 BILLINGS ND 0 0
DUNN ND 9 9 BOTTINEAU ND 0 0
DIVIDE ND 4 4 BURKE ND 0 0
MCLEAN ND 1 1 GOLDEN VALLEY ND 0 0
DANIELS MT 0 0 MERCER ND 0 0
DAWSON MT 0 0 RENVILLE ND 0 0
FALLON MT 0 0 STARK ND 0 0
RICHLAND MT 0 0 WARD ND 0 0
ROOSEVELT MT 0 0 MCHENRY ND 0 0
SHERIDAN MT 0 0

Bakken Oil & Gas News

OPEC Decision Doesn’t Intimidate

Heitkamp Urges Repeal of Oil Export Ban

What is the Rig Count?

The Bakken Shale Rig Count is an index of the total number of oil & gas drilling rigs running across Montana and North Dakota. The rigs referred to in this article are for ALL drilling reported by Baker Hughes and not solely wells targeting the Bakken formation. All land rigs and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count.
Read more at bakerhughes.com


Bakken Rig Count Continues Decline

North Dakota Says Tax Trigger Won't Take Effect
Rig Count Falls by One

Rig Count Falls by One

The Bakken-Three Forks rig count declined by one to end the week at 75 rigs running across our coverage area.

In recent Bakken news, North Dakota’s oil trigger was expected to take place June 1st, but rising crude prices mean it won’t be implemented and producers will miss out on an estimated $480 million over the next six months.

Read more: Rising Crude Prices Derails Bakken Tax Trigger

The U.S. rig count fell by seven, ending with 868 rigs running by midday Friday.  A total of 222 rigs were targeting natural gas (down three from the previous week) and 642 were targeting oil in the U.S. (four less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  76 rigs are running in the Williston Basin across MT, ND, and SD. 76 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs stayed at 75 rigs this week with Bloomberg reporting WTI oil prices trading at $59.13/bbl on Friday afternoon, a $1.08 decrease from the previous week. WTI-Brent decreased $2.08 landing at $63.31. The Bakken has zero natural active gas rig in the area this week with futures trading dipping to $2.59/mmbtu by midday.

McKenzie County continues to lead development but fell to 3o running rigs this week. Williams (18) and Mountrail (13) counties are the next closest producers. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 74 rigs are drilling horizontal wells
  • 0 rigs are drilling directional wells
  • 1 rigs are drilling vertical wells

Be sure to visit our Bakken Job Listings to search openings and come back weekly for updates or sign up for alerts – Daily or Weekly Email Alerts

Bakken Drilling by County

County State Previous Week Current Week County State Previous Week Current Week
MCKENZIE ND 33 30 VALLEY MT 0 0
WILLIAMS ND 18 18 WIBAUX MT 0 0
MOUNTRAIL ND 13 13 BILLINGS ND 0 0
DUNN ND 8 9 BOTTINEAU ND 0 0
DIVIDE ND 3 4 BURKE ND 0 0
MCLEAN ND 1 1 GOLDEN VALLEY ND 0 0
DANIELS MT 0 0 MERCER ND 0 0
DAWSON MT 0 0 RENVILLE ND 0 0
FALLON MT 0 0 STARK ND 0 0
RICHLAND MT 0 0 WARD ND 0 0
ROOSEVELT MT 0 0 MCHENRY ND 0 0
SHERIDAN MT 0 0

Bakken Oil & Gas News

Floods Threaten Bakken Producers

Shale Oil: The Sky’s the Limit

Energy Executives Forced to Adap

What is the Rig Count?

The Bakken Shale Rig Count is an index of the total number of oil & gas drilling rigs running across Montana and North Dakota. The rigs referred to in this article are for ALL drilling reported by Baker Hughes and not solely wells targeting the Bakken formation. All land rigs and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count.
Read more at bakerhughes.com


Bakken Rig Count Down to 76

Crude Continues to Hover Around $60
Rig Count Falls by One

Rig Count Falls by One

The Bakken-Three Forks rig count declined by one to end the week at 76 rigs running across our coverage area.

In recent Bakken news, well completions in the area rose sharply last month, according to the North Dakota Department of Mineral Resources (DMR). The DMR reports a preliminary completion count for March was 189, up 350% from 42 the previous month.

Read more: Bakken Well Completions Spike

The U.S. rig count fell by 10, ending with 875 rigs running by midday Friday.  A total of 225 rigs were targeting natural gas (an increase of three from the previous week) and 646 were targeting oil in the U.S. (13than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)   77 rigs are running in the Williston Basin across MT, ND, and SD. 77 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs stayed at 76 rigs this week with Bloomberg reporting WTI oil prices trading at $60.21/bbl on Friday afternoon, a $.49 increase from the previous week. WTI-Brent increased $.02 landing at $65.39. The Bakken has zero natural active gas rig in the area this week with futures trading dipping to $2.65/mmbtu by midday.

McKenzie County continues to lead development this week at 33 running rigs. Williams (19) and Mountrail (13) counties are the next closest producers. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 76 rigs are drilling horizontal wells
  • 0 rigs are drilling directional wells
  • 0 rigs are drilling vertical wells

Be sure to visit our Bakken Job Listings to search openings and come back weekly for updates or sign up for alerts – Daily or Weekly Email Alerts

Bakken Drilling by County

County State Previous Week Current Week County State Previous Week Current Week
MCKENZIE ND 34 33 WIBAUX MT 0 0
WILLIAMS ND 19 19 BILLINGS ND 0 0
MOUNTRAIL ND 13 13 BOTTINEAU ND 0 0
DUNN ND 10 8 BURKE ND 0 0
DIVIDE ND 3 3 GOLDEN VALLEY ND 0 0
MCLEAN ND 0 1 MERCER ND 0 0
DANIELS MT 0 0 RENVILLE ND 0 0
DAWSON MT 0 0 STARK ND 0 0
FALLON MT 0 0 WARD ND 0 0
RICHLAND MT 0 0 MCHENRY ND 0 0
ROOSEVELT MT 0 0 MCHENRY ND 0 0
SHERIDAN MT 0 0 WARD ND 0 0
VALLEY MT 0 0 MCHENRY ND 0 0

 

 

Bakken Oil & Gas News

Whiting Announces Strong First Quarter

Continental Resources Aggressively Cuts Costs

What is the Rig Count?

The Bakken Shale Rig Count is an index of the total number of oil & gas drilling rigs running across Montana and North Dakota. The rigs referred to in this article are for ALL drilling reported by Baker Hughes and not solely wells targeting the Bakken formation. All land rigs and onshore rig data shown here are based upon industry estimates provided by the Baker Hughes Rig Count.


Read more at bakerhughes.com


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