US crude prices would still need to drop significantly before falling below breakeven prices in North Dakota’s four most prolific counties, according to data released by the state Department of Mineral Resources Monday. Breakeven prices for rigs in North Dakota’s Dunn, McKenzie, Mountrail and Williams counties range from $24/b in Dunn to $41/b in Mountrail, according to the data. Those four counties accounted for 63 of the state’s 68 oil rigs on Monday, according to the data. The breakeven prices ranged from $28/b to $42/b in the four counties when the DMR published its last such data in October 2014. At the same time, breakeven prices have fallen dramatically in counties with far less drilling activity, the data shows. The breakeven price is $62/b in Divide County, which has three working rigs. Previously, the breakeven price in Divide was seen to be $85/b, when the county had eight working […]