The Bakken-Three Forks rig count decreased by four to 172 rigs running across our coverage area by the end of last week. The NDIC notes 185 rigs are active in North Dakota, but around 20 of those are in the process of moving in and rigging up. In recent Bakken news, Summit Midstream Partners announced in June of 2014 that it will spend $300 million on four new development projects involving oil, water and natural gas gathering in the Bakken Shale play. The new projects will further expand the companies footprint in Williams and Divide counties. Read more: Summit Midstream Expanding Bakken System – $300 Million The U.S. rig count decreased by six to 1,854 rigs running by the end of last week. A total of 310 rigs were targeting natural […]