Bakken Oil Rig Count Falls Again

According to the September 4th, 2020 Baker Hughes Rig count report the number of oil rigs operating in the Williston Basin has fallen to 9! This is an incredibly low number. It must be far bellow the maintenance level needed to maintain current production...

Bakken Rig Count Tumbles

Because of the ongoing collapse of oil prices the number of active drilling rigs in North Dakota continues to fall. With the latest count standing at just 20, production in the Bakken is set to fall in the coming months. Even though demand has declined drastically,...

Saudi Oil Production Attacked

Over the weekend oil production was damaged and taken offline as a result of missile and drone attacks. It is initially feared that up to half of total Saudi Arabian oil production has been taken down. This would represent up to 5% of total world oil production and...
Boriding Metal Vapor Treatments

Boriding Metal Vapor Treatments

Boriding is a treatment of metal that usually occurs at high temperatures. The process of Boriding is also called Boronizing as the two terms are interchangeable. Boriding is the process by which boron is introduced to a metal or alloy. It is a type of surface...
North Dakota Oil Production Stays Over 1 Million Barrels Per Day

OPEC Agrees To Limit Production

Well it looks like OPEC has finally agreed to try and limit production. It may be that the pain is getting to be to much even for the wealthy kingdom of Saudi Arabia. As a result of the potential agreement oil prices have shot up taking the stock prices of many oil...
Bakken oil Rig Count

Bakken oil Rig Count

The rig count for the Bakken as of yesterday, September 16, 2016 is 27. I hear many people talking about all the rigs going back online, but not in the Bakken. The rig count is still very low, and production continues to fall. According the the latest...