The Williston Basin rig count is up five rigs to 190 rigs running since the end of April.
Activity should be strong throughout the rest of the year.
News from this week was highlighted by our time at Bentek’s annual Benposium Conference. We came away with several Bakken highlights.
One of those is that rail is likely here to stay. Oil will begin moving back onto pipelines, but it will be a dog fight and pipeline operators will have to offer competitive prices. [Read more...]