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Oil rigs extend record with Bakken drilling at 19-month high
HOUSTON (Bloomberg) -- Rigs targeting oil in the U.S. climbed to a record as drillers sought out crude in the Williston basin, one of the nation’s fastest-growing plays. Oil rigs gained one to 1,589, data posted on Baker Hughes Inc.’s website show. Those targeting crude in the Williston basin, home of the Bakken formation in North Dakota, rose by three to 194, the most since Jan. 18, 2013. The Denver-Julesburg basin and Niobrara formation spread across Colorado and Wyoming also added five oil rigs to reach a record 46, the Houston-based field services company said in an email.
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