North Dakota rig count at lowest since 2005

North Dakota rig count at lowest since 2005 Bismarck, N.D. (UPI) May 16, 2016 - At 27, the number of rigs actively exploring for or producing oil or natural gas in North Dakota is the lowest it's been in more than a decade, state data show. The government reports 27 rigs in service as of Monday, relatively stable when compared with recent weeks. The rig count ties the all-time low reported in July 2005 and comes at a time when energy companies are spending less on ... more

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