Memo To Saudi: Active Rigs In North Dakota Jumped By Two Today -- December 1, 2014

Considering the miserable weather and how incredibly cold it is, I find it quite remarkable. All things being equal (forgetting about the slump in oil prices), I would have expected the number of active rigs to decrease today. Whatever. And yes, it may be temporary. By next spring, the Bakken may be closed. Whatever.

Here are some ND temps, sent to me earlier today by Don:

• Northgate (Burke county): -26
• Tioga: -24
• Garrison: -23
• Jamestown and Belcourt: -22
• Minot AFB and Glenburn: -21
• Williston, Mohall and Rolla: -20
• Minot and Willow City: -19
• Bismarck, Carrington, Hazen and Linton: -18

Active rigs:
 

	12/1/2014	12/01/2013	12/01/2012	12/01/2011	12/01/2010
Active Rigs	187	191	182	196	161