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Friday, December 13, 2013

North Dakota Oil production Hits New State Record: 941,637 BOPD

The Director's Cut is posted.

Production: slightly less than 1% increase. 
  • October oil: 941,637 bopd
  • September oil: 932,962 bopd
Producing wells:
  • October: 9,900
  • September: 9,701
Director's comment: The drilling rig count was unchanged from Sep to Oct and the number of well completions dropped only slightly from 225 to 202, resulting in only a 1% increase in oil production. All McKenzie County roads were shut down for 3-4 days due to rain. McKenzie County has 1/3 of the drilling rigs and 29% of state production. This means production likely would have been 10,000-15,000 barrels per day higher without that weather event.

I track projected estimates of future oil production at this site

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