Home / News / Bakken News / N.D. sees second consecutive monthly drop in oil output
Getty Images via NewsCred

N.D. sees second consecutive monthly drop in oil output

North Dakota’s oil production declined in February for the second consecutive month as drilling new wells slackened amid low oil prices.

State regulators said Tuesday that February’s output was just short of 1.18 million barrels per day, down 50,435 daily barrels since December, which was the state’s all-time high. It was the first consecutive two-month drop since January 2011.

The number of rigs drilling for North Dakota oil and gas dropped to 91 this month, down from 108 in March and 160 in February, according to data released by the state Department of Mineral Resources. The peak of drillings was 370 rigs in October 2012, the department said in its Director’s Cut report.

The average wellhead price for North Dakota crude oil fell to $31.47 per barrel in March, but has recovered to $36.25 per barrel, the report said. The average price is based on light sweet crude prices posted at a Twin Cities refinery, minus delivery costs.

The report said the number of uncompleted wells in North Dakota rose to an estimated 900 at the end of February as drillers decided to hold off on the final step — injecting water, sand and chemicals to free gas and oil in the Bakken or Three Forks shale layers.

Oil field operators are postponing this work to avoid initial high oil production at low prices and to comply with the state’s recent requirement to reduce flaring of natural gas, the report by division Director Lynn Helms said.

In related news, North Dakota oil production declines slightly in February.

This article was written by DAVID SHAFFER from Star Tribune and was legally licensed through the NewsCred publisher network.

24 comments

  1. This is exactly what OPEC is hoping for. Their members are hurting worse. Some of their members have ISIS waiting in the wings to over through the Royal families so they can take over. The masses have gotten very used to all of the free stuff.

  2. The U. S has no where to store any more oil !!!

    • Thats not true. The oil hasn’t capped. And it was accumulating because of the maintenance to switch the refineries to the summer grade.

      The refineries are now pumping through that oil at record pace. The oil has not capped and there is still plenty of room. Don’t believe everything you read.

    • Dorian
      As I read your arrogant comments with the ignorance in them I finally decided to comment on such.

      Many people have lost their jobs, and their families have been effected etc!

      And you have the ignorance to rub what it is your doing right in everyone’ of them people’s faces. On a post that has nothing to do with your crude transport side simply a economic downturn article, here you are the first one to pop up with your prideful,adolescent, my johnson is bigger than yours comments.

      Real classy
      Shows your intergrity
      But more so shows your ignorance, and your lack of passion for others in need.

      And no I’m not in need, I’m a co man, and a small business owner. But don’t boast about it to throw it in others faces. I’ll remember yours and your name so when it comes across my desk, you won’t be rolling none of our oil!

    • Don’t blame eric cause he knows how to adapt. If you guys were smart & didn’t party your way into a dui than you should have half a brain & be hauling yourself. Nobody like the life of a trucker so let him have his time. Quit being a sissy. Company man explains it all. You guys b*tch about blow jobs.

    • The Bakken is hurting . It will be nice when they finally get all the pipe lines done and all the dumbass transport guys feel what everyone else is feeling

  3. Good time to go shopping in the Bakken

  4. I haul crude and I’m rolling!

  5. The imported oil is more important to Congress. Tell them to shut off the imported oil. We Got Our Own!!!!

  6. We don’t import as much Middle East oil as some folks want us to believe.

  7. This is great news for North Dakota. I hope all the criminals go back to whatever state they came from now. Bye bye!

  8. They running out of places to put the crude it is time for the cost to settle down

  9. I’m up here and staying busy !!! On sun rig with xto