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Energy Report Rig count up, Energy Transfer Partners’ Dakota pipeline now in service

June 8th, 2017 under Top Stories

By NICK WINCHESTER

nick@bigbendnow.com

FAR WEST TEXAS — The number of rigs exploring for oil and natural gas in Texas increased by five to 463 this week, according to oilfield services company Baker Hughes.

The total for the U.S. rose by eight this week to 916.

Houston-based Baker Hughes said June 2 that 733 rigs sought oil and 182 explored for natural gas. One was listed as miscellaneous.

While Texas added five rigs, Oklahoma added three. Colorado, North Dakota, and Ohio each gained one.

New Mexico and Pennsylvania each lost two rigs, while Louisiana lost one.

Alaska, Arkansas, California, Kansas, Utah, West Virginia and Wyoming all remained unchanged.

In other energy news, Kelcy Warren-owned Energy Transfer Partners announced Thursday, June 1, that the Dakota Access oil pipeline is now in service, sending crude oil from North Dakota to a number of major U.S. hubs. In a news release posted to their website, the company added that the Energy Transfer Crude Oil Pipeline is also in service. Both pipelines are collectively known as the Bakken Pipeline, an 1,872-mile, mostly 30-inch pipeline system that traverses North Dakota, South Dakota, Iowa and Illinois, transporting oil between Patoka, Illinois and Nederland, Texas.

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