Bakken Shale Play Loses Another Rig

The Bakken-Three Forks rig count slipped backwards this week, with Baker Hughes reporting 45 rigs running through our coverage area by Friday midday.

A total of 936 oil and gas rigs were running across the United States this week. 189 rigs were targeting natural gas (+2) and 747 were targeting oil (-5) in the U.S. 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

45 rigs targeted oil in the Bakken this week with Bloomberg reporting WTI oil prices at $63.37 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with commodity futures trading at $3.19/mmbtu by midday.

Own mineral rights in the Bakken? Join the discussion here. 

McKenzie County leads activity in the region with 21 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

• 45 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 at 46; WTI on the Rise

The Bakken-Three Forks rig count didn't move this week, with Baker Hughes reporting 46 rigs running through our coverage area by Friday midday.

A total of 939 oil and gas rigs were running across the United States this week. 187 rigs were targeting natural gas (+5) and 752 were targeting oil (+10) in the U.S.. The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.)  45 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

46 rigs targeted oil in the Bakken this week with Bloomberg reporting WTI oil prices at $64.30 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with commodity futures trading at $3.20/mmbtu by midday.

Own mineral rights in the Bakken? Join the discussion here. 

McKenzie County leads activity in the region with 19 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

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

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 this Week

The Bakken-Three Forks rig count saw gains with week, with Baker Hughes reporting 48 rigs running through our coverage area by Friday midday. The total number of drilling rigs across the country continues to increase slowly.  

A total of 929 oil and gas rigs were running across the United States this week, eight more than last week. 180 rigs were targeting natural gas (+4) and 749 were targeting oil in the U.S. (+2). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 47 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

48 rigs targeted oil in the Bakken this week with Bloomberg reporting WTI oil prices at $58.36 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with commodity futures trading at $3.06/mmbtu by midday.

Own mineral rights in the Bakken? Join the discussion here. 

McKenzie County leads activity in the region with 20 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

• 48 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.

U.S. Rig Count Climbs; Declines in the Bakken Shale

The Bakken-Three Forks rig count dipped last week, with Baker Hughes reporting 47 rigs running through our coverage area by Friday midday. The total number of drilling rigs across the country continues to increase slowly.  

A total of 915 oil and gas rigs were running across the United States this week, eight more than last week. 177 rigs were targeting natural gas (+8) and 738 were targeting oil in the U.S. (+0). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 47 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

47 rigs targeted oil in the Bakken this week with Bloomberg reporting WTI oil prices at $56.55 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with commodity futures trading at $3.10/mmbtu by midday.

Own mineral rights in the Bakken? Join the discussion here. 

McKenzie County leads activity in the region with 20 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

• 47 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 Falls to 49

The Bakken-Three Forks rig count lost ground this week, falling by two to 49 rigs running through our coverage area by Friday midday.

A total of 909 oil and gas rigs were running across the United States this week, four less than last week. 172 rigs were targeting natural gas (- 5) and 737 were targeting oil in the U.S. (+1). The remainder were drilling service wells (e.g. disposal wells, injection wells, etc.) 49 of the rigs active in the U.S. were running in North Dakota.

Bakken Oil & Gas Rigs

49 rigs targeted oil in the Bakken this week with Bloomberg reporting WTI oil prices at $53.90 on Friday afternoon. The Bakken has zero natural active gas rig in the area this week with commodity futures trading at $2.96/mmbtu by midday.

Own mineral rights in the Bakken? Join the discussion here. 

McKenzie County leads activity in the region with 21 rigs running this week. View the full list below under the Bakken Drilling by County section.

Activity continues to be dominated by horizontal drilling:

• 48 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

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.