Director's Cut With April, 2018, Data,

The Director's Cut,  Friday, June 15, 2018, with April, 2018, data.

Link here.

See this post.

Disclaimer: the Director's Cut summary that I try to do every month is done very, very quickly. There will be typographical and/or factual errors. That's why I have the link. If this information is important to you, go to the link.

The number is: 1,224,948 bbls/day (nearly sets an all-time record) (preliminary numbers; final numbers will be posted next month; final production numbers generally higher than preliminary numbers)

Crude oil production:

• April, 2018: 1,224,948 bbls/day (preliminary) (all-time high was 1,227,483 bbls/day back in December, 2014)
• March, 2018: 1,162,134 bbls/day
• Delta, month-over-month: 62,814 bbls -- one of the highest "deltas" I've seen in ten years of blogging; on a percentage basis: 5.4% -- I've seen greater, but not often
• Delta between April, 2018, data and the record back in December, 2014: 2,535 bbls/day; on a percentage basis, 2,535 / 1,224,948 = 0.207% -- wow, that was close; and it's very possible when the final figures are posted, it will be a record
• the preliminary March data was 1,162,071 data; the final March data was 1,162,134 bbls/day or a delta of 63 bbls

Natural gas production:

• April, 2018: 2,241,623 MCF/day (374,000 boepd) -- a new all-time record
• March, 2018: 2,119,751 MCF/day (353,000K boepd) -- previous all-time record
• February, 2018 : 2,106,121 MCF/day (351,000 K boepd)

Well Completions:

• April, completions, preliminary: 69
• March completions: 74
• February completions: 74
• January completions: 65

DUCs + inactive wells:

• DUCs, waiting on completion: 942, up 26 from the end of March to the end of April
• inactive well count:  1,521, down 132 during same time period
• April, 2018, DUCs and inactive wells: 2,463

Flaring:

• statewide: 84%
• statewide, Bakken: 85%
• FBIR Bakken: 78% -- federal; atrocious, compared to state
• ND goal: 88% capture; increasing to 91% beginning November 1, 2020