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North Dakota Rig Count Falls To 29; Will Fall Further

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   |    Wednesday,April 06,2016

Today, after updating our Rig database, we noticed that the rig count fell to 29 active rigs in the play.   A look at the proposed drilling plans for 2016, a few operators are set to cut drilling rigs even more.  You can find full planned drilling plans for each operator drilling the Bakken/Three Forks in North dakota here.

 

Rig count falling from Nov, 2014 (193 rigs ) to April 2016 (29)

 

 

North Dakota / Williston Basin

Active Rig by Operator (April 4, 2016)

 

North Dakota / Williston Basin

Active Rigs By Counties (April 4, 2016)

 

Completion Activity (Jan - March 2016)

Completion activity is expected fall as the year progresses with operator such as ConocoPhillips (NYSE:COP) and SM Energy (NYSE:SM) slow down activity.

Completion By Operator

 

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