138

New record: 138 active drilling rigs in North Dakota. "We've" gone up four (4) rigs since the beginning of this week. I am very, very surprised to see this surge. I thought we would peak at 135, although experts predicted hitting 140 rigs sometime this year.

Established companies, such as BEXP, are still bringing in new rigs in as planned, and some established companies, such as CLR, have increased access to cash to expedite their drilling program this year. In addition, there are a few new companies still yet to bring their rigs into the state.

BEXP now has six (6), two more than they had at the beginning of the year. If I remember correctly, BEXP had four at the beginning of the year, added one in May, and now have added a second. They plan to have ten (10) rigs in North Dakota by the end of the year, again, if I remember one of their recent presentations.