Below The Century Mark, Break On Through To The Other Side -- March 25, 2015

Active rigs:

	3/25/2015	03/25/2014	03/25/2013	03/25/2012	03/25/2011
Active Rigs	98	198	186	206	170

From SeekingAlpha late today:

• The number of drill rigs in North Dakota’s oil patch has slipped below 100 for the first time in five years thanks to weaker crude oil prices.
• Only 98 rigs are now drilling in the area, 100 fewer than on the same day a year ago and the lowest since March 2010.
• North Dakota has been producing ~1.2M bbl/day of oil, and industry officials say ~115 rigs need to be drilling to keep that level of production.

115 rigs: only if the wells are fracked; there is currently a record number of wells waiting to be fracked: 850.

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Break On Through To The Other Side

Break On Through, The Doors