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Drilling Rig Activity Nears 20-Year High

June 2011

Oil and natural gas drilling in the United States has returned to pre-recession levels, and the drilling rig count is nearing a twenty-year high according to new graphical analysis by Headwaters Economics.

Market prices and advancements in drilling technology account for most of the increases in drilling activity.  The rig data is provided by Baker Hughes.

This fact sheet shows several key indicators: trends in rig counts by energy type compared to market prices; rig activity by technology; and activity trends by state, with an emphasis on the energy-producing Rocky Mountain States (CO, MT, NM, UT, and WY) along with North Dakota.

Related Visualization

Related data visualizationDataViz

Resources

Graphical Analysis

News Release

Status of Energy Sector -- September 2011

Published on June 20, 2011Posted under Economic DevelopmentTags: Fossil Fuels, Oil & Gas
Author:
Julia Haggerty

For more information about this topic contact:

Kelly Pohl
  • 406.599.7841
  • kelly@headwaterseconomics.org

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