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North Dakota Rig Count Holds at 27 for Second Consecutive Day - Bakken Wire
Rig Report

North Dakota Rig Count Holds at 27 for Second Consecutive Day

The state's active drilling fleet remains steady, maintaining a three-rig gain from levels seen one month prior.

Bakken Wire Staff·☀️Morning Wire·

The number of active drilling rigs in North Dakota remained unchanged at 27 on Thursday, July 30, according to the latest live rig data from Bakken Wire. No rigs were added, removed, or moved locations in the last 24 hours.

The current count reflects a sustained period of modest growth in drilling activity across the Bakken formation and Williston Basin. The rig fleet has held at 27 for two consecutive reporting days.

Historical context shows a gradual upward trend over recent weeks. The current count is two rigs higher than the 25 active rigs reported one week ago on July 23. Compared to one month ago, on June 30, activity has increased by three rigs from a base of 24.

The stability at 27 rigs indicates a period of consolidation following recent gains. Operators appear to be maintaining their current pace of development drilling without immediate expansion or contraction of their drilling programs. The rig count is a key leading indicator for future oil production in the state.

North Dakota's rig count remains a fraction of its historical peak during the previous boom cycles but has shown resilience in recent quarters. The current level of activity is consistent with operators focusing capital on core, high-return acreage within the Bakken's most productive regions.

The steady count suggests that, for now, major operators in the basin are executing planned drilling schedules without significant deviation. Factors influencing rig deployment include crude oil prices, well economics, takeaway capacity, and corporate capital expenditure budgets.

Further movements in the count will signal shifts in operator confidence and development timing. The next weekly and monthly comparisons will determine if the current plateau marks a new baseline or a pause before further adjustments.

Source

Bakken Wire Live Rig Data

rig countdrillingbakkenwilliston basinnorth dakotaactivity report

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