Skip to main content

Rigs decrease as production increases

Oil rig counts in the Bakken oil patch continue to decrease, hovering around 180, even though production levels continue to increase. This, according to North Dakota officials, is a product of more efficient rigs and improving technology. According to a Whiting Oil & Gas official, multiple well pads require fewer rigs which save time and money. Read the article in the McKenzie County Farmer.

Leave a Reply

Your email address will not be published. Required fields are marked *