Sunday, January 27, 2013

Active Rigs: 191

Very interesting -- now up to 191 active rigs in North Dakota.

"We" were last at 191 last August 22, 2012. It was during the summer / autumn 2012 "we" were in quite a "free fall" in the rig count. 

Active rigs on the NDIC list tonight; it's a dynamic list; most comments below based on data from "Snapshot." Note OXY USA. Also note the significant increase in the number of Whiting rigs.
  • BEXP: 13
  • BR: 10
  • CLR: 17 -- has had as many as 21 in ND (24 in ND + MT)
  • EOG: 5 -- holding steady since 2011
  • Fidelity: 6 -- I think this is at the higher end for Fidelity; last summer: 5
  • Hess: 16 -- see comments regarding this number of rigs; in press release, Hess says 14 rigs;
  • KOG: 8 -- at high end
  • Oasis: 8 -- at one time had planned to exit 2012 with 10 rigs
  • OXY USA: 5 -- either planned or had 15 rigs back in January, 2012
  • Petro-Hunt: 12
  • QEP: 5
  • Slawson: 3
  • SM Energy: 4
  • Whiting: 19
  • WPX: 5
  • XTO: 6
  • Zenergy: 4