The Director's Cut Is Out -- Daily Production For May, 2016, Increases, Month-Over-Month -- Data For May, 2016

As predicted by Rystad Energy, North Dakota's daily crude oil production, on a daily basis, increased in May, 2016, over that of the previous month, April, 2016. I track the monthly "Cuts" here.

Production

•  May production: 1,047,364 bopd
• April, production: 1,041,981 bopd
• Percent increase: 1,047,364 - 1,041,981 / 1,041,981 = 0.5%. Not much, but it eked out a net gain.

Producing wells

• May: 13,167
• April: 13,054

ND sweet crude oil price

• Today: $36.25/bbl
• June: $38.75/bbl
• May: $33.74/bbl
• April: $30.75

Well completions

• fell from 41 (final) in April to 37 (preliminary) in May
• there were fourteen days in which the wind was too strong to frack

DUCs

• estimated to be at 931, an increase of 39 since last reporting period

Inactive wells

• estimated to be at 1,584, down 6 since last reporting period

Flaring

• the amount of flared natural gas increased slightly to 11.5%
• the Tioga gas plant operated at only 74% capacity; no explanation given
• May Bakken capture rate was 90%; natural gas flared increased 40.6 million cfd