Sweet Sixteen: Active Rig Count Jumps -- April 8, 2021

It wasn't so long ago that there were only twelve active oil and gas rigs in North Dakota. 

Today:16.  

Active rigs:

$59.23	4/8/2021	04/08/2020	04/08/2019	04/08/2018	04/08/2017
Active Rigs	16	36	64	58	49

The sweet sixteen:

The operators:

• CLR (3): Gordon Federal, Rodney, Carus,
• MRO (3): Denny, Hausauer, Burger,
• Hess (2): EN-Rice, BL-Frisinger,
• Slawson (2): Mauser Federal; Whirlcat Federal;
• Whiting: Lacey
• Petro-Hunt: Hurinenko
• Oasis: Nikolai Federal
• Enerplus: Ermine
• Iron Oil Operating: Antelope
• Crescent Point: CPEUSC Sylven

This is an extremely bullish line-up. I've always said the Bakken will be "back" if / when:

• Slawson starts drilling again; and here we have, not one, but two rigs -- whoo-hoo!
  
• the number of operators drilling increases significantly from three or four; ten operators in the list above, is very bullish;
• operators like Iron Oil Operating show up on the list; and, then, of course, there's always...
• ... Oasis.
  

Yet to be seen on the list:

• WPX
• Ovintiv
• BR