Highlights for archival purposes:
Producing Wells:
- September: 5,197 (all-time high)
- August: 5,115
- September: 341,384 bbls (all-time high) (3.8% increase from previous month)
- August: 328,873
- If "we" were to continue at 4% increase month-over-month, one year from now, North Dakota would produce 546,567 bbls/month in that 12th month from now
- September: $67.95
- August: $69.07
- November 12, 2010: $79.25
- All-time high: $136.29, July 3, 2008)
There are three additional pipeline and rail projects in the review or engineering stages; two that have begun construction; and, one that has extended their open season (taking bids to transport oil).
The delta between North Dakota Sweet (posted) and West Texas Intermediate (posted) has increased slightly, to just over 10 percent.
Despite all the new pipeline laid, natural gas production continues to outstrip infrastructure, and flaring (which I -- this blog's author -- believe is highest in the nation) is still well above normal.
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