It was interesting to see this shift:
- 5. Divide: April, 667,729; May, 784,243.
- 6. Bowman: April, 751,276; May, 760,079.
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Sunday, July 15, 2012
North Dakota Oil Production By County
This is an interesting article from the Minot Daily News. It doesn't add much to the knowledge base of regular readers but for archival purposes it's an interesting article. "They" say there are 17 counties producing oil in North Dakota, but from my standpoint, the activity is pretty much centered in four counties. When they talk about a billion dollars or a couple of billion dollars or three billion dollars being invested in 17 oil-producing counties, in fact, the bulk of it goes to a lot few than 17. The four counties at the top: Mountrail, McKenzie, Williams and Dunn. The numbers are 5.6, 4.4, 3.4 and 2.9, million bbls/month respectively for the four counties mentioned.
It was interesting to see this shift:
It was interesting to see this shift:
Bruce, 4 years ago Bowman lead ND in oil production most months. The Cedar hills field had 4-7 rigs drilling all the time. the owners COP, and CLR have pretty much drilled it out..there are NO active rigs working in Bowman county today.
ReplyDelete3 years ago in a earnings CC Harold Hamm indicated that the CLR portion of this field had , or would peak at approx 15 thousand BOPD.
This was achieved, but thie clr field has not dropped since then. in several weeks a new Earnings number will show the steadyness of this field..
Divide county on the other hand has nine active rigs working today, and has had a flurry of activity for the last 3 years..
CLR is one of the most active E+P companies in Divide county.
That is great historical information. Thank you. I am amazed how fast things can change -- in terms of flurry of activity. And yes, it points out again, that once these wells are drilled, paid off, they produce for 10, 20, 30 years, consistently, day in and day out.
DeleteI was just surprised how much oil they are getting out of Divide County, certainly on the edges of the better Bakken.