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North Dakota Keeps Setting Production Records!

on February 18, 2013

Oil production in North Dakota reached a new monthly high in December.

Gas production and the number of producing wells in the state also reached all-time highs in December 2012, according to preliminary data from the North Dakota Industrial Commission Department of Mineral Resources.

Oil production reached 768, 853 barrels a day in December.  Gas production totaled 805,705 MCF a day, and the number of producing wells reached 8,224.  All of those were record highs.

North Dakota has been routinely setting production records since 2004.

Drilling activity has slowed in November but production got “back on track” in December, according to department Director Lynn Helms.  Oil production increased 4.6 percent from November.

To see the latest monthly production report from Director Helms, click HERE.

Posted in Investment Insights | Tagged North Dakota, Oil Production
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