Friday, May 12, 2017

Director's Cut Is Posted, Data For March, 2017 -- Still Above 1 Million BOPD -- North Dakota

Link here.

Oil production
  • March, 2017: 1,025,638 bopd
  • February, 2017: 1,034,248 bopd
  • Delta: -0.8% or -8,610 bopd
Producing wells:
  • March, 2017: 13,632
  • February, 2017: 13,518
Permitting
  • March, 2017: 93
  • February, 2017: 45
Oil price:
  • today: $38.50
  • April: $39.96
  • March: $38.13
  • February: $42.74
Rig count:
  • today: 51
  • April: 50
  • March: 46
  • February: 39 
Wells not producing:
  • waiting on completion: 689; down 110 from the end of February to the end of March
  • estimated inactive well count: 1,299; down from 312 from the end of February to the end of March
Takeaway capacity:
  • remains dependent on CBR to coastal refineries

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