Bakken Shale Rig Count Hold Steady

Bakken Shale Rig Count

The Bakken-Three Forks rig count remained flat this week, with Baker Hughes reporting 44 rigs running through our coverage area by Friday midday.  

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A total of 901 oil and gas rigs were running across the United States this week, an increase of 16 over last week. 180 rigs targeted natural gas (eight more than the previous week) and 720 were targeting oil in the U.S. (eight more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  44 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

Bakken oil rigs were at 44 this week with Bloomberg reporting WTI oil prices at $50.32 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with futures trading at $3.26/mmbtu by midday.

McKenzie County leads production in the region with 22 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

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

Rig Count by County

Bakken Shale Rig Count by County

Bakken Shale Rig Count by County

 

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.

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U.S. Gains More Rigs; Bakken Shale Rig Count Waffles

May 6, 2017 Elizabeth Alford

 

The Bakken-Three Forks rig count fell this week, with Baker Hughes reporting 43 rigs running across our coverage area by midday Friday.

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A total of 877 oil and gas rigs were running across the United States this week, an increase of seven over than last week. 173 rigs targeted natural gas (two more than the previous week) and 703 were targeting oil in the U.S. (six more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 43 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

Bakken oil rigs were at 43 this week with Bloomberg reporting WTI oil prices dipping to $46.22 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with futures trading at $3.27/mmbtu by midday.

McKenzie County leads production in the region with 23 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

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

Rig Count by County

 

Bakken Shale Rig Count by County

 

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.

 

Bakken Shale Rig Count Gains One

The Bakken-Three Forks rig count is back up to 44 at the end of last week, according to data from Baker Hughes.

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A total of 885 oil and gas rigs were running across the United States this week, an increase of eight over last week. 172 rigs targeted natural gas (one less than the previous week) and 712 were targeting oil in the U.S. (nine more than the previous week). 44 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

Bakken oil rigs were at 44 this week with Bloomberg reporting WTI oil prices at $47.84 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with futures trading at $3.42/mmbtu by midday.

McKenzie County leads production in the region with 23 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

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

Rig Count by County

Bakken Shale Rig Count by County

Bakken Shale Rig Count by County

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.

 

U.S. Gains More Rigs; Bakken Shale Rig Count Waffles

BakkenShale.com

The Bakken-Three Forks rig count fell this week, with Baker Hughes reporting 43 rigs running across our coverage area by midday Friday.

Connect with us on Facebook

A total of 877 oil and gas rigs were running across the United States this week, an increase of seven over than last week. 173 rigs targeted natural gas (two more than the previous week) and 703 were targeting oil in the U.S. (six more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 43 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

Bakken oil rigs were at 43 this week with Bloomberg reporting WTI oil prices dipping to $46.22 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with futures trading at $3.27/mmbtu by midday.

McKenzie County leads production in the region with 23 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

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

Rig Count by County

Bakken Shale Rig Count by County

Bakken Shale Rig Count by County

 

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.

 

Bakken Shale Rig Count Flat While U.S. Total Climbs

The Bakken-Three Forks rig count was unchanged this week, with Baker Hughes reporting 44 rigs running across our coverage area by midday Friday.

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A total of 870 oil and gas rigs were running across the United States this week, an increase of 13 over than last week. 171 rigs targeted natural gas (four more than the previous week) and 697 were targeting oil in the U.S. (nine more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 44 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

Bakken oil rigs were at 44 this week with Bloomberg reporting WTI oil prices moving to $49.33 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with futures trading at $3.28/mmbtu by midday.

McKenzie County leads production in the region with 23 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

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

Rig Count by County

Bakken Shale Rig Count by County

Bakken Shale Rig Count by County

 

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.

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 Shale Rig Count Increases to 44

Bakken Shale Rog Count

The Bakken-Three Forks rig count increased by one this week, with Baker Hughes reporting 44 rigs running across our coverage area by midday Friday.

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A total of 857 oil and gas rigs were running across the United States this week, an increase of 10 over than last week. 167 rigs targeted natural gas (five more than the previous week) and 688 were targeting oil in the U.S. (5 more than the previous week). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  44 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

Bakken oil rigs were at 44 this week with Bloomberg reporting WTI oil prices slipping to $49.62 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with futures trading at $3.10/mmbtu by midday.

McKenzie County leads production in the region with 23 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

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

Rig Count by County

Bakken Shale Rig Count by County

Bakken Shale Rig Count by County

 

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.

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