I'm rushed. This may or may not make sense to folks. I may come back to this.
Before folks get too excited about the 5 percent drop in North Dakota crude oil production month-over-month (January, 2022-December, 2021), folks may want to look at these numbers.
The numbers are accurate but some may be preliminary, revised, or final, but they are all pretty close to accurate as noted. I'll come back and double-check the numbers but, as noted, they are pretty close.
January, 2022, numbers are preliminary; next month, they are revised, and the following month, they are "final." The "final" numbers don't vary much from the preliminary or revised numbers.
January, 2022:
- inactive: 2,420 (up 23% month-over-month)
- DUCS: 449 (compare with 475 last month and 416 two months before that)
- total off line for operational reasons: 2,869 (up 17% month-over-month)
- producing: 16,856 (down two percent month-over-month)
December, 2021:
- inactive: 1,975
- DUCS: 475
- total off line for operational reasons: 2,450
- producing: 17,200 (revised)
November, 2021:
- inactive: 1,957
- DUCS: 416
- total off line for operational reasons: 2,373
- producing: 17,245 (new all-time high)
