Quite astounding, 216 active rigs.
I would not have predicted much above 210 even as recently as a few weeks ago. I've talked about that before.
Huge "thank you" to a reader. I might have missed it.
216 rigs. So much for all that concern about drilling slowing down in the Bakken. Note: the SeekingAlpha article linked at that site is about two months old.
At the end of the day, the number of rigs is simply one data point. A more important data point is the total monthly production.
Looks like CHK is getting ready to set up on 137-97-8 Jiliek between Decker and Kostenko.
ReplyDeleteKostenko comes off conf. tomorrow. I feel like the info will be the same as Decker.
I bet you are correct.
DeleteBruce
ReplyDeleteThank you for your service to your country.
Anon 1
Thank you. I was very fortunate. Much to be thankful for.
Delete