Monday, October 11, 2010

Director's Cut, October, 2010, Released

The most recent Director's Cut is dated October 11, 2010. Highlights:
  • July oil: 9.955 million bbls = 321,127 bopd
  • Aug oil: 10.134 million bbls = 326,915 bopd (all time high)
  • July producing wells: 5,051
  • Aug producing wells: 5,115 (all time high)
"Williston Basin crude export capacity remains above production for now. Approximately 10% ... still being shipped by rail ... and another 10% ... being trucked to Canada."

"Natural gas production is setting new records and flaring rose significantly again...but several new plant and gathering pipeline expansions have been announced and/or approved...North Dakota shallow gas exploration is not economic at the current price."


North Dakota's August oil production was at an all-time high. Here's another all-time high:

 
All Time High, Rita Coolidge

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