Bakken Shale Ends the Year with 52 rigs

Natural Gas Rebounds to $2.33
akken Rigs

Bakken Rig Count Falls

Due to the holiday, we are releasing the weekly rig count post early.

The Bakken-Three Forks rig count fell by three this week landing at 54 rigs running across our coverage area by midday Thursday.

A total of 698 oil and gas rigs were running across the United States this week. 162 were targeting natural gas (same as the previous week) and 536 were targeting oil in the U.S. (two less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 52 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs were at 52 this week with Bloomberg reporting WTI oil prices trading at $37.47 on Friday afternoon. WTI-Brent increased $.42 landing at $37.73 The Bakken has zero natural active gas rig in the area this week with futures increasing to $2.33/mmbtu by midday.

McKenzie County continues to lead development with 23 rigs running this week, far outpacing other counties. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 50 rigs are drilling horizontal wells
  • 2 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 Last Week This Week County State Last Week This Week
MCKENZIE ND 25 23 SHERIDAN MT 0 0
DUNN ND 11 12 VALLEY MT 0 0
MOUNTRAIL ND 7 6 WIBAUX MT 0 0
DIVIDE ND 2 2 BILLINGS ND 0 0
RENVILLE ND 1 1 BOTTINEAU ND 0 0
STARK ND 1 1 BURKE ND 0 0
DANIELS MT 0 0 GOLDEN VALLEY ND 0 0
DAWSON MT 0 0 MCLEAN ND 0 0
FALLON MT 0 0 MERCER ND 0 0
RICHLAND MT 0 0 WARD ND 0 0
ROOSEVELT MT 0 0 WILLIAMS ND 0 0
MCHENRY ND 0 0

Bakken Oil & Gas News

Congress Ends Oil Export Ban

Williston Votes to Evict Man Camps

ConocoPhillips To Hold Steady in Bakken

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 Falls Three

700 Rigs Running Across United States
akken Rigs

Bakken Rig Count Falls

Due to the holiday, we are releasing the weekly rig count post early.

The Bakken-Three Forks rig count fell by three this week landing at 54 rigs running across our coverage area by midday Wednesday.

In recent Bakken news, Tesoro Corporation announced that it will grow its midstream operations to provide more efficient, flexible and cost-effective integrated logistics services to customers in the Bakken region. They will acquire Great Northern Midstream LLC

Read more: Tesoro Buys Bakken Assets

A total of 700 oil and gas rigs were running across the United States this week.162 were targeting natural gas (nine less than the previous week) and 538 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.) 54 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs were at 54 this week with Bloomberg reporting WTI oil prices trading at $37.50 on Friday afternoon. WTI-Brent increased $.43 landing at $37.31 The Bakken has zero natural active gas rig in the area this week with futures increasing to $1.95/mmbtu by midday.

McKenzie County continues to lead development with 25 rigs running this week, far outpacing other counties. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 52 rigs are drilling horizontal wells
  • 2 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 Last Week This Week County State Last Week This Week
MCKENZIE ND 26 25 ROOSEVELT MT 0 0
DUNN ND 11 11 SHERIDAN MT 0 0
MOUNTRAIL ND 8 7 VALLEY MT 0 0
WILLIAMS ND 9 7 WIBAUX MT 0 0
DIVIDE MT 2 2 BURKE ND 0 0
RENVILLE ND 0 1 GOLDEN VALLEY ND 0 0
STARK ND 1 1 MCLEAN ND 0 0
DANIELS MT 0 0 MERCER ND 0 0
DAWSON MT 0 0 WARD ND 0 0
FALLON MT 0 0 MCHENRY ND 0 0
RICHLAND MT 0 0 0 0

Bakken Oil & Gas News

Congress Ends 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 Rigs Decline to 57

Total Across the Country Falls to 709
akken Rigs

Bakken Rig Count Falls

The Bakken-Three Forks rig count fell this week to 57 rigs running across our coverage area by end of the week on Friday.

In recent Bakken news, the region’s man-camps are fighting for their existence after Williston City voted to let them die.

Read more: Williston Votes to Evict Man Camps

A total of 709 oil and gas rigs were running across the United States this week. 183 were targeting natural gas (nine less than the previous week) and 524 were targeting oil in the U.S. (21 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 57 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs were at 57 this week with Bloomberg reporting WTI oil prices trading at $35.62 on Friday afternoon. WTI-Brent decreased $5.07 landing at $37.93 The Bakken has zero natural active gas rig in the area this week with futures decreasing to $1.99/mmbtu by midday.

McKenzie County continues to lead development with 26 rigs running this week, far outpacing other counties. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 55 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 Last Week This Week County State Last Week This Week
MCKENZIE ND 27 26 VALLEY MT 0 0
DUNN ND 11 11 WIBAUX MT 0 0
WILLIAMS ND 9 9 BILLINGS ND 0 0
MOUNTRAIL ND 8 8 BOTTINEAU ND 0 0
DIVIDE ND 3 2 BURKE ND 0 0
STARK ND 1 1 GOLDEN VALLEY ND 0 0
DANIELS MT 0 0 MCLEAN ND 0 0
DAWSON MT 0 0 MERCER ND 0 0
FALLON MT 0 0 RENVILLE 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

U.S. Crude Below $40

Public Land Royalties Drop in 2015

Bernie Sanders Rails on Fossil Fuel Industry

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 Drops by One

67,000 Gallons Lost in Latest Oil Leak
akken Rigs

Bakken Rig Count Falls

The Bakken-Three Forks rig count fell by one this week with 62 rigs running across our coverage area by end of the week on Friday.

In recent Bakken news, a well owned by Oasis Petroleum blew last week leaking more than 67,000 gallons of oil and causing law enforcement to close several roads.

Read more:North Dakota Well Under Control

A total of 775 oil and gas rigs were running across the United States this week. 197 were targeting natural gas (four more than the previous week) and 578 were targeting oil in the U.S. (16 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 62 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs were at 62 this week with Bloomberg reporting WTI oil prices trading at $46.35/bbl on Friday afternoon. WTI-Brent increased $1.41 landing at $49.40. The Bakken has zero natural active gas rig in the area this week with futures increasing slightly to $2.33/mmbtu by midday.

McKenzie County continues to lead development with 26 rigs running this week, far outpacing other counties. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 58 rigs are drilling horizontal wells
  • 3 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 ST Previous Wk Current Wk County State Previous Week Current Week
MCKENZIE ND 25 26 SHERIDAN MT 0 0
DUNN ND 13 13 VALLEY MT 0 0
WILLIAMS ND 10 11 WIBAUX MT 0 0
MOUNTRAIL ND 9 7 BILLINGS ND 0 0
DIVIDE ND 2 2 BOTTINEAU ND 0 0
ROOSEVELT MT 1 1 BURKE ND 0 0
MCLEAN ND 1 1 GOLDEN VALLEY ND 0 0
STARK ND 1 1 MERCER ND 0 0
DANIELS MT 0 0 RENVILLE ND 0 0
DAWSON MT 0 0 WARD ND 1 0
FALLON MT 0 0 MCHENRY ND 0 0
RICHLAND MT 0 0

Bakken Oil & Gas News

Natural Gas Plants Face New Reporting Rules

Energy Giants Announce More Layoffs

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 is at 64

N.D. Hopes for Emissions Flexibility
akken Rigs

Bakken Rigs

The Bakken-Three Forks rig count dropped to 64 rigs running across our coverage area by end of the week on Friday.

In recent Bakken news, North Dakota officials are hopeful that they have some flexibility for complying with the EPA’s new emissions-reducing Clean Power Plan.

Read more: North Dakota: Flexibility for Emissions Cuts?

The U.S. rig count fell by 14 this week, ending with 795 rigs running by midday Friday. A total of 189 rigs were targeting natural gas (six less than the previous week) and 605 were targeting oil in the U.S. (9 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 64 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs were at 64 this week with Bloomberg reporting WTI oil prices trading at $50.18/bbl on Friday afternoon. WTI-Brent increased $5.26 landing to $53.51. The Bakken has zero natural active gas rig in the area this week with futures decreasing slightly to $2.49/mmbtu by midday.

McKenzie County continues to lead development with 25 rigs running this week, far outpacing other counties. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 62 rigs are drilling horizontal wells
  • 2 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 ST Previous Wk Current Wk County State Previous Week Current Week
MCKENZIE ND 25 25 FALLON MT 0 0
DUNN ND 11 12 RICHLAND MT 0 0
MOUNTRAIL ND 11 10 SHERIDAN MT 1 0
WILLIAMS ND 11 10 VALLEY MT 0 0
DIVIDE ND 2 2 WIBAUX MT 0 0
ROOSEVELT MT 0 1 BILLINGS ND 0 0
BOTTINEAU ND 1 1 GOLDEN VALLEY ND 0 0
BURKE ND 1 1 MERCER ND 0 0
MCLEAN ND 1 1 RENVILLE ND 0 0
STARK ND 1 1 WARD ND 0 0
DANIELS MT 0 0 MCHENRY ND 0 0
DAWSON MT 0 0 MCHENRY ND 0 0

Bakken Oil & Gas News

District Court Blocks New Fracking Regulations

Chesapeake Cut 740 Jobs

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


U.S. Rig Fall by 29

Bakken Rigs Dropped to 65
akken Rigs

Bakken Rigs

The Bakken-Three Forks rig count dropped to 65 rigs running across our coverage area by end of the week on Friday.

In recent Bakken news, low oil prices and fewer drilling rigs are being blamed for a drop in North Dakota’s general revenues that fell to $41.7 million during July and August. House Majority Leader Al Carlson framed it as a “real wake-up call.”

Read more:N.D. Revenues Drop $41.7 million

The U.S. rig count plunged by 29 this week, ending with 809 rigs running by midday Friday.  A total of 195 rigs were targeting natural gas (one more than the previous week) and 614 were targeting oil in the U.S. (26 less than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 65 are in ND alone.

Bakken Oil & Gas Rigs

The Bakken oil rigs were at 65 this week with Bloomberg reporting WTI oil prices trading at $45.66/bbl on Friday afternoon. WTI-Brent decreased $.35 landing to $48.25. The Bakken has zero natural active gas rig in the area this week with futures decreasing slightly to $2.47/mmbtu by midday.

McKenzie County continues to lead development with 25 rigs running this week, far outpacing other counties. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

  • 62 rigs are drilling horizontal wells
  • 1 rigs are drilling directional wells
  • 2 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 ST Previous Wk Current Wk County State Previous Week Current Week
MCKENZIE ND 25 25 DAWSON MT 0 0
DUNN ND 11 11 FALLON MT 0 0
MOUNTRAIL ND 12 11 RICHLAND MT 0 0
WILLIAMS ND 11 11 ROOSEVELT MT 0 0
DIVIDE ND 2 2 VALLEY MT 0 0
SHERIDAN MT 1 1 WIBAUX MT 0 0
BOTTINEAU ND 1 1 BILLINGS ND 0 0
BURKE ND 1 1 GOLDEN VALLEY ND 0 0
MCLEAN ND 1 1 MERCER ND 0 0
STARK ND 1 1 RENVILLE ND 0 0
DANIELS MT 0 0 WARD ND 0 0
MCHENRY ND 0 0

Bakken Oil & Gas News

Energy Transfer Equity Gains Williams Companies, Inc.

Pope Francis Challenges U.S. on Climate Change

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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