North Dakota Oil Production Hits All-Time High

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In April, ND produced 284,000 bbls of oil/day (an all-time high). This compares to 277,000 bopd one month earlier, March, 2010.

Take-away capacity exceeds production but this should end by January, 2012. Currently about 10% of North Dakota's production is shipped out by rail and 10% is trucked to Canada.

133

133 active rigs in North Dakota, a new record.

The Bismarck Tribune presents an update of the oil industry in North Dakota. 

These links do not last long; the articles may be available later only through accessing archives which may or may not require a password.

Some data points:

• North Dakota oil industry accounted for 12,750 jobs last year
• 12,750 = 8th largest city in North Dakota
• Drilling about 1,000 wells/year
• Takes about 74 companies to drill a well in North Dakota
• Williston expects to add 600 housing units this year