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North Dakota Rig Count Holds at 32, Up 5 from Last Week - Bakken Wire
Rig Report

North Dakota Rig Count Holds at 32, Up 5 from Last Week

The state's active drilling rig count shows stability on Sunday, maintaining a level not seen in over a month.

Bakken Wire Staff·🌅Afternoon Wire·

North Dakota's active drilling rig count held steady at 32 on Sunday, August 16, according to live data from Bakken Wire. The count showed no day-over-day change, with no new rigs added, removed, or relocated.

The current level represents a significant increase over recent weeks. The rig count is up by five units compared to one week ago, when 27 rigs were active on August 9. Furthermore, the count has risen by seven rigs over the past month, climbing from a base of 25 active rigs on July 17.

The stability at the 32-rig level suggests a period of consolidation following a notable uptick in drilling activity. Such increases are typically watched as a leading indicator for future oil production from the Bakken formation and the broader Williston Basin. A higher rig count generally points to increased capital investment by operators and anticipated growth in the state's output in the coming months.

The recent climb from 25 to 32 active rigs over a four-week period marks one of the more sustained increases in activity this year. While the count remains well below historical peaks seen in the previous decade, the current trend indicates a measured response by operators to prevailing oil prices and market conditions. The lack of movement on Sunday is common for weekend reporting and does not necessarily reflect a change in the underlying trend.

For Bakken operators and service companies, a steady or rising rig count supports demand for drilling crews, hydraulic fracturing services, and related logistics. Royalty owners in core counties like McKenzie, Mountrail, and Williams often see increased leasing interest and development activity when rig counts trend higher.

Analysts monitor the rig count alongside well completion data to gauge the health of the state's oil industry. The current level of 32 active rigs, if sustained, would contribute to maintaining North Dakota's position as the second-largest oil-producing state in the U.S., behind only Texas.

Source

Bakken Wire Live Rig Data

rig countdrilling activitybakkenwilliston basinnorth dakota oil

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