This is the data through 2012:
There are a lot of interesting data points in that chart.
Oil was discovered in North Dakota in 1951.
They have been drilling Madison wells and Red River/Red River "B" wells for decades.
They started drilling Bakken wells in 2006, about eight years ago. The Bakken boom in North Dakota began in 2007.
After decades, the average:
- Madison well has produced 168,000 bbls over decades of production.
- Red River/Red River "B" well has produced 200,000 bbls over decades of production.
- Bakken well has produced 100,000 bbls of oil.
- After 60 years of drilling in North Dakota, 1,265 Red River/ R R "B" wells have been drilled.
- After 60 years of drilling in North Dakota, a total of 5,547 Madison wells have been drilled.
- After less than 8 years of drilling, more than 5,400 Bakken wells have been drilled.
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