Daily Production In North Dakota Now Over 609,000 Barrels

A reader alerted me to new production figures released by NDIC at their website. I believe I have typed these numbers correctly, but they could be in error. Also, Carpe Diem has this story as well.

Month - daily average - number of wells - avg bbls/well/mo -- avg bbls/day/well

Feb - 558,585 - 6,447 -- 2,513 -- 87
Mar - 577,478 - 6,641 -- 2,696 -- 87
Apr - 609,373 - 6,734 -- 2,715 -- 90

Some of these numbers vary from previously reported numbers.

Delta, February --> March: 18,893 (3.3% increase)
Delta, March --> April: 31,895 (5.5% increase)

Thank goodness those feared April showers did not materialize to slow down production.

The last time North Dakota wells averaged more than 90 bbls/well/day was back in April, 1953, when there were 152 active wells in the state. There have been only 21 months in which production exceeded 90 bbls/well/day, and all before April, 1953, inclusive.

Production/well/day

• Through the '80s, the average daily production per well was around 40 bbls/day.
• Through the '90s, the average daily production per well was around 30 bbls/day.
• In 2009, the average daily production per well jumped to the mid-50s.
• In 2010, the avg daily production/well was in the mid-60s, hitting 70 bbls/day in November.
• In June, 2011, the average hit 70 again, at 73 bbls/well/day.
• In September, 2011: 80 bbls/well/day.
• And as noted above, April, 2012, 90 bbls/well/day.

For a graphic display, click here.