Sunday, February 23, 2014

US Oil Rigs Count Hits New High For 2014

Yahoo!Finance (Baker Hughes) is reporting:
Last week, the Baker Hughes oil rig count increased from 1,416 to 1,423, the highest level since 2014 began. Oil rig counts have risen by 45 (or 3%) since the beginning of 2014, with a large part of the increase in the Permian Basin in West Texas (+21), as well as the Niobrara/DJ in the Rockies (+6), and the Cana Woodford in Oklahoma (+6). Out of the current 1,423 oil rigs at work, the majority are either in the Permian (480), the Eagle Ford (187), the Williston (176), the Mississippian (68), or the Granite Wash (49).

Active rigs in North Dakota:


2/23/201402/23/201302/23/201202/23/201102/23/2010
Active Rigs18718120416897

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