Production
- Nov Oil: 356,505 bopd
- Dec Oil: 343,867
- Nov Wells: 5,331
- Dec Wells: 5,331 (no change -- ties record)
- Nov Permits: 245 (record)
- Dec Permits: 134
- Nov rig count: 158
- Dec rig count: 163
- Jan rig count: 163
- 95 percent of drilling continues to target the Bakken and Three Forks formation
- Oil production was seriously impacted by severe weather with numerous wells shut in; 677 idle wells, the most shut in since February, 2009, and June, 2002
- "It has been reported that well over one (1) million barrels has been stranded on producing locations periodically."
- Takeaway capacity exceeds production; additional projects should provide adequate capacity until 2015
For those following the news, the impact of severe weather on production was not unexpected.
