My last MRO rig count in the North Dakota Bakken was 8, over a year ago. I have no idea what it is now. Maybe MRO will be up to 10 rigs in the North Dakota Bakken going forward. The actual number doesn't mean a lot to me; the fact that MRO is increasing rig activity by 20% is the interesting data point.
It's another tea leaf in my "tea" this morning. This puts into perspective The Motley Fool's take on the oil and gas industry. It must have been a slow day for that fool when he wrote that column.
