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Friday, August 14, 2015
The Red Queen Is Still On The Treadmill ; ND Produces Near Record -- August 14, 2015
NORTH DAKOTA oil production up +9,000 b/d in Jun (+0.7%) to 1.21 million b/d, second highest on record after December, 2014.
This is despite
active rigs at 70 (record at 200+ during the boom)
fracklog (back log of wells to be fracked) at 925
operators choking back due to huge slump in oil prices
operators choking back, shutting in wells due to NEW flaring regulations
Director's Cut out
.
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