North Dakota Crude Oil Production Hits New All-Time Record: 1,110,642 BOPD; Permitting Continues To Increase

A 1.7% increase month-over-month (the daily bopd). The monthly increase was 5% but July has one more day than June.

Disclaimer: this update is always done in haste; typographical errors are likely. This is for my use only. Others should go to the source. 

Oil:

• July, 2014: 1,110,642 bopd (preliminary; new all-time high)
• June, 2014: 1,092,519 bopd (revised; third consecutive month to go over 1 million bopd) 
• June, 2014: 1,1,092,616 bopd (original)
  
• delta: 18,123 (daily bopd)
• 18,123 / 1,092,519 = 1.659%

Producing wells: 

• July, 2014: 11,090 (new all-time high)
• June, 2014: 11,079  
• May, 2014: 10,902

Permitting:

• August, 2014: 273
• July, 2014: 265
• June, 2014: 247
• May, 2014: 234
• All-time high was 370 in 10/2012
  

Pricing:

• Today, 2014: $74.50
• August, 2014: $78.46
• July, 2014: $86.20
• June, 2014: $90.03
• May, 2014: $88.31
• April, 2014: $85.68
• March, 2014: $86.72

Rig count:

• Today: 198 (all time high was 218 on 5/29/2012)
• August, 2014: 193
• July, 2014:  192
• June, 2014: 190
• May, 2014: 189
• April, 2014: 188
• March, 2014: 193
  

Director's comments:

• drillers continue to outpace the completion crews: number of wells waiting completion (end of July) : 630 (an increase of 45)
• rig count in the Williston Basin is gradually increasing
• US natural gas storage:  14% below five-year average
• percentage of natural gas flared in North Dakota:  26% (Tioga plant below full capacity due to delayed expansion of gas gathering from Lake Sakakawea)
• number of rigs actively drilling on federal grassland: unchanged at 4 (generally it's been 1 rig)