Friday, September 9, 2011

ND Oil Production Sets Record -- Could Surpass California By End Of Year -- Bakken, North Dakota, USA

Link here.
North Dakota has reached a new record in daily oil production and could soon surpass California as the No. 3 oil-producing state in the nation.

Department of Mineral Resources Director Lynn Helms said numbers released Thursday show daily production for the state in July reached 423,550 barrels. This is an increase of 40,000 barrels more per day compared to June.

Oil production numbers typically lag at least two months

Helms says at the current rate, North Dakota could surpass California by the end of the year.
Data points:
  • North Dakota: 425,000 bopd
  • California: 540,000 bopd
  • Alaska: 550,000 bopd
  • Texas: 1,410,000 bopd

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