North Dakota Oil Production Hits All-Time High

Click here and then click on Director's Cut for complete commentary.

In April, ND produced 284,000 bbls of oil/day (an all-time high). This compares to 277,000 bopd one month earlier, March, 2010.

Take-away capacity exceeds production but this should end by January, 2012. Currently about 10% of North Dakota's production is shipped out by rail and 10% is trucked to Canada.

133

133 active rigs in North Dakota, a new record.

The Bismarck Tribune presents an update of the oil industry in North Dakota. 

These links do not last long; the articles may be available later only through accessing archives which may or may not require a password.

Some data points:

• North Dakota oil industry accounted for 12,750 jobs last year
• 12,750 = 8th largest city in North Dakota
• Drilling about 1,000 wells/year
• Takes about 74 companies to drill a well in North Dakota
• Williston expects to add 600 housing units this year

132

132 active rigs in North Dakota today, a new record. I guess they are moving the deep water, off shore rigs from the gulf up to Lake Sakakawea.

Finally

This well has been on my watch list for quite some time. The wait was worth it. Another great Slawson well in the Big Bend: #17864, Jughead 1-126H, 1,255. Slawson acquired this lease from someone else. For other great Slawson wells in the same area, click here.

Miscellaneous Notes from Recent Daily Activity Reports

Some miscellaneous notes from recent daily activity reports (DAR).

New nomenclature:
DAR, 25 Jun 10
#17308, BR
New name
From: Meriwether 44-19H
To: Meriwether 44-19MBH
Comment: BR now telling us which pool they are targeting

New nomenclature:
DAR, 29 Jun 10
#19188, Tracker
Scanlan 17-1TH
Comment: Tracker tells us which pool, also

New name:
DAR, 29 Jun 10
#18808, EOG
Was: Wayzetta 142-03H
Now: Wayzetta 142-3019H
Comment: Planned as a short lateral; it's now a long lateral. It's my understanding companies no longer have to meet the commission to drill 1280-acre spaced units

Another 3-well pad:
DAR, 30 Jun 10
#19203 - 19205, EOG
Scandia 7-34H, 8-34H, 9-34H
SWNW 34-164N-78W
Souris oil field in Bottineau County

Another Eco-Pad:
#19190, Myrtle 3-7H
#19191, McCoy 2-18H
#19192, Myrtle 4-7H
#19193, McCoy 3-18H
Sauk-Northwest McGregor Fields
2 section 7; 2 in section 18
Williams County SWSW 7-159N-95W