Thursday, July 26, 2012

Montana: On Pace To Set Record For Oil Permits; Natural Gas Drilling At Standstill

Full story at


  1. One of the key points in this article is the fact that more and more rigs are migrating from ND into the MT area. I predict that over the next three to four years, MT will see the "boom" they have been waiting for. One problem for these operators is the fact that numerous leases are nearing expiration dates so I also predict that alot of top leasing and new leases will occur in the Eastern MT area as a result of these expiring leases.

    1. It's interesting you say that, about the migration. It helps explain the decrease in rig count in North Dakota.