Wednesday, October 15, 2014

New Monthly Production Record For North Dakota; The August Production Numbers Are Posted -- October 15, 2014

Compare with July report (but July numbers are also in the graphic above):


August preliminary:
  • 35,102,258 / 31 = 1,132,331 bopd
July revised:
  • 34,547,044 / 31 = 1,114, 420 bopd
The raw data looks impressive, but the month-over-month increase seems to be only a 1.6% increase.

Reminder: I often misread data and I often make simple arithmetic errors. If this information is important to you, go to the source.

Total number of oil wells actually producing oil:
  • August:  11,563
  • July: 11,293
Per well:
  • August: 35,102,258 / 11,563 / 31 days = 98 bopd/well (steady for quite some time)
  • July: 34,547,044 / 11,293 / 31 days = 99 bopd
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Global Warming: Now It's The Penguins In Trouble

Ice Age Now is reporting:
The growth of the ice sheet in Antarctica (South Pole), the habitat of the penguins, is about 16,500 square kilometers per year on average.
This is three times the area as compared to the measurements before 2007 and there is no end in sight.
The frozen surface of the sea around the Antarctic continent currently has the largest expansion in 35 years. This is a huge problem for penguins because they need open water where they can hunt fish.

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