The Bakken-Three Forks rig count stayed flat at 191 rigs running across our coverage area by the end of last week. The NDIC notes 193 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, Dallas, TX-based Energy Transfer Partners announced a joint venture with Houston-based Phillips 66 at the end of October, 2014, to build two pipelines that will move crude oil out of North Dakota’s Bakken Shale field. Energy Transfer Partners will have a 75% interest in the pipelines. Phillips 66 will have a 25% interest, and will pay a proportionate cost of the construction. Both the “Dakota Access Pipeline” and “Energy Transfer Crude Oil Pipeline” are scheduled to be completed by the end of 2016. Read more : Two New Bakken Crude Oil Pipelines Online by 2016 The U.S. […]