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Tag Archives: bakken oil production

EIA: Natural gas, crude production fell in 2016

crude production, oil production

According to the U.S. Energy Information Administration March 8, 2017 report, U.S. natural gas production and crude production both fell in 2016. Average crude oil production in the lower 48 states in 2016 fell to 8.39 million barrels per day (b/d). This is a decrease of 6.1 percent from the 2015 average, or approximately 0.55 million b/d. Natural gas withdrawals also decreased ...

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Watford City sustains growth despite downturn

McKenzie County is still seeing growth, despite recent layoffs and budget cuts that have dominated recent news headlines. While drilling has indeed slowed, production holds steady. As a result: permanent jobs and a steady stream of economic growth in the region. People might not be flocking to the Bakken like they were two years ago, but population in McKenzie County ...

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Low-volume North Dakota oil wells may suspend production

A stripper well or marginal well is an oil or gas well that is nearing the end of its economically useful life. (Image: gfpeck via Flickr)

BISMARCK, N.D. (AP) — Hoping to help North Dakota’s struggling oil industry, state regulators on Tuesday decided to allow owners of low-volume “stripper” wells to suspend production while they await a rebound in crude prices. After being idle for 12 months, a North Dakota oil well has to resume production or be abandoned and plugged. North Dakota’s Industrial Commission agreed ...

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North Dakota tribal panel wants to regulate oil development

BISMARCK, N.D. — Tribal leaders from an oil-prolific portion of North Dakota’s Fort Berthold Reservation say they can’t count on federal or state regulators — or their own tribal government — to monitor the boom, so they are moving to do it themselves. Industry officials question whether the tribe has the jurisdiction to impose such rules and warned the change ...

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Bakken rig count at five year low

As of Monday the number of active drilling rigs in the Williston Basin hit its lowest level since December of 2009, reports KTVQ News. Monday’s number of active drilling rigs was tallied at a paltry 75. On this day one year ago, there were 190 drilling rigs active in the Bakken. The record number of rigs in North Dakota’s Bakken ...

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North Dakota crude oil production slips slightly in April

BISMARCK, N.D. — The state Department of Mineral Resources says North Dakota’s crude oil production dropped slightly in April. The agency says the state produced an average of 1.16 million barrels of oil daily in April, down about 22,000 barrels from the March daily average. Data show North Dakota natural gas production increased slightly in April. The agency says 1.54 ...

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The North Dakota Bakken: A global player

Many individual U.S. states, not just the nation as a whole, are now ranked among the top energy producers in the entire world according to a ranking published by the American Petroleum Institute (API) released last week. Overall, the United States is the third largest crude oil producing nation in the world, next to Russia and Saudi Arabia. Although North ...

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