Thu Aug 16, 2013 10:18 am EDT
Fargo, ND (Bakken.com)
The Bakken in North Dakota is crushing it as they continue to output gas and oil at a phenomenal pace.
Today, the US Department of Mineral Resources stated that the state of ND output on average 821,415 barrels per day in the month of June. That’s an increase from the previous month of May from 811,262 barrels daily.
The Bakken oil patch had a record 9,071 wells in June, up from the May number of 8,932.
The Bakken also broke the gas production record for the state and produced a record 27.9 million cubic feet of NG in the month of June. That’s up by over 2 million cubic feet from the May number of 27.7 million cubic feet.
If the Bakken had the infrastructure in place to get to market all of the natural gas that it was flaring off from the oil process, the above number would easily be 20 times the June number.
North Dakota sweet crude was fetching $94.25 a barrel Thursday. That’s up from about $86 in June.
Copyright 2013 The Associated Press.