Friday, February 11, 2011

5000 Wells In North Dakota: Almost 700 Shut In -- Bakken, North Dakota, USA

As usual, I rounded the numbers.

There are 5,331 wells in North Dakota and 677 are shut in.

From the NDIC Director's cut:
Oil production was seriously impacted by severe weather with numerous wells shut in; 677 idle wells, the most shut in since February, 2009, and June, 2002
I would imagine the wells that are not shut in, have also been affected. Just because a well is not shut in, doesn't mean the truck can get there on the scheduled day if there is inclement weather.

I expect producers to miss their production targets in 1Q11.

More on the shut-in wells and emergency closure of roads in Dunn County at this link

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