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BAKKEN WIRE
North Dakota rig count holds at 23 with no daily change - Bakken Wire
Rig Report

North Dakota rig count holds at 23 with no daily change

Bakken Wire Staff·🌅Afternoon Wire·

North Dakota's active drilling rig count remained steady at 23 on Sunday, May 10, according to the latest figures from the state's Department of Mineral Resources. No rigs were added หรือ removed from the count since the prior day.

The current tally reflects a period of stability for drilling activity in the Bakken region. One week ago, on May 3, the active rig count also stood at 23. Looking back one month, the count was slightly higher at 24 on April 10.

The rig count is a closely watched barometer for oilfield activity and employment in the state. The Bakken formation in western North Dakota is a primary driver of the state's oil and gas production.

In related news, the U.S. Department of Energy recently announced a major investment aimed at boosting future oil recovery in the Bakken. On May 8, the DOE's Hydrocarbons and Geothermal Energy Office said it will invest $36 million to advance carbon dioxide-based enhanced oil recovery (EOR) research through a program led by the University of North Dakota's Energy & Environmental Research Center, according to a report by Bing News.

Separately, North Dakota leaders have unveiled an initiative focused on applying enhanced oil recovery techniques to theBakken, as reported by other news outlets. The broader state-led effort involves a $157 million push to increase oil recovery rates, with the federal DOE contributing $36 million toward that total.

TAGS : rig-count, drilling, Bakken,North-Dakota,oil-and-gas SOURCE : Rig data from North Dakota Department of Mineral Resources. Historical context from prior state reports. Related initiative details from Bing News reports published May 8.

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Bakken Wire staff

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