Count of drilling rigs end of August 2012 – 192 and 270 for combined total of 462

192  – Bakken – from the current active drilling rig list at the N.D. Department of Mineral Resources website on 8-31-12.

270 – Eagle Ford – from EagleFordShale blog.

That is down 16 and no change since my August 2 post. The Eagle Ford count dropped a bit during the month and recovered, so no change from month-end to month-end.

Don’t worry about the drop in rig count. I think it reflects improved productivity. Walking rigs can move from one spot on a pad to another spot, which save several days.

For the last few months, the Bakken, Eagle Ford, and total count has been:

  • Aug 192, 270, 462
  • July 208, 270, 478
  • June 215, 278, 493
  • May 215, 276, 491

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