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North Dakota oil production

North Dakota oil output drops 20K barrels daily in June

BISMARCK, N.D. (AP) — North Dakota’s oil production decreased by more than 20,000 barrels a day in June.

The Department of Mineral Resources says the state produced an average of 1.02 million barrels of oil daily in June, down from 1.04 million barrels in May. North Dakota’s production record was set in December 2014 at 1.22 million barrels daily.

North Dakota also produced 1.66 billion cubic feet of natural gas per day in June, up from 1.64 billion cubic feet daily in May.

The June tally is the latest figure available because oil production numbers typically lag at least two months.

There were 34 drill rigs operating in North Dakota’s oil patch on Friday, which is up six rigs from the June average.

 

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One comment

  1. I wonder why there is not a lot of oil being produced. I have noticed that the price leveled out again which is good for consumers. I just hope that we don’t have to pay more as the year goes on.

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