Sunday 22 March 2015

North Dakota rig count near five-year low

OIL AND GAS
North Dakota rig count near five-year low
Bismarck, N.D. (UPI) Mar 13, 2015 - The number of rigs actively exploring for or producing oil or natural gas in North Dakota is down to its lowest level in nearly five years, data show Friday. State data show 111 active rigs in the state as of Friday, down from the 191 reported on this date in 2014 and a historic low. Rig counts, a barometer for the upstream sector in the state, have been on a steady decline for much of ... more


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