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Thursday, April 15, 2010

Director's Cut: April 15, 2010

Update from the Director, North Dakota Industrial Commission (NDIC). Succinct, excellent.

Pipeline capacity exceeds production. EOG tank train leaving North Dakota three (3) times/week.

Jan Oil 7,319,521 barrels = 235,925 barrels/day
Feb Oil 7,310,457 barrels = 261,088 barrels/day (preliminary) all time record high.

Jan Producing Wells = 4,628
Feb Producing Wells = 4,655 all time record high.

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