About Quality nd drilling rig count cost
With breakeven costs for North Dakota operators estimated at $55–$60 per barrel, the current price environment has forced a reevaluation of capital expenditures. By August 2025, rig counts are projected to fall to 27, a 19% drop from March levels.
With breakeven costs for North Dakota operators estimated at $55–$60 per barrel, the current price environment has forced a reevaluation of capital expenditures. By August 2025, rig counts are projected to fall to 27, a 19% drop from March levels.
View Current Rigs list, a chart of historical drilling rig numbers, and historic and current oil price.
*Report no longer being created/updated by North Dakota Oil and Gas Division.
How Will NDPA Manage Contracted Capacity? Regional gas storage could provide a balancing solution for intermittent generation, but who pays for the required expansion?.
With breakeven costs for North Dakota operators estimated at $55–$60 per barrel, the current price environment has forced a reevaluation of capital expenditures. By August 2025, rig counts are projected to fall to 27, a 19% drop from March levels.
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