In August 2011 there were 900 rigs drilling for natural gas in the U.S. As of last week 405 gas rigs had disappeared and only 495 were left. As we all know, when gas prices fell, so did the natural gas rig count as producers moved capital budget
Oil production from the North Dakota Bakken shale reached 639 Mb/d in May 2012. Associated natural gas production was 651 MMcf/d. So far oil production has been the main focus for Bakken producers. Gas production has been an afterthought.