North Dakota

Bakken Production Holding, But Winter Declines Expected Before Uptick

Bakken Production Holding, But Winter Declines Expected Before Uptick

End of 2020 statistics showed North Dakota’s Bakken Shale production holding relatively steady and other indicators, including oil prices, turning upward. But the state’s chief oil and natural gas official said production likely will drop for January and February. “The drilling rig count [15 as of last Friday] is substantially short of what we need…

February 16, 2021
North Dakota Well Completions Forecast to Climb in 2021, but Not Rig Count

North Dakota Well Completions Forecast to Climb in 2021, but Not Rig Count

North Dakota natural gas and oil production declined slightly month/month in November, but more well completions are expected this year on “significantly better” oil prices. Department of Mineral Resources director Lynn Helms noted that recent Bakken Shale sweet crude was trading at around $43.50/bbl, which should spur more well completions, but not high enough to…

January 15, 2021
North Dakota Reaches 93% Natural Gas Capture Rate Amid Production Increases

North Dakota Reaches 93% Natural Gas Capture Rate Amid Production Increases

North Dakota’s operators have achieved a 93% natural gas capture rate statewide in September, when month/month oil and gas production increased.  In the state’s Bakken Shale, home of robust supplies of sweet light crude oil that is rich with associated gas, flaring has been excessive as production growth outpaced efforts to build sufficient midstream takeaway…

November 18, 2020
North Dakota Sees Oil, Natural Gas Production Climb in August

North Dakota Sees Oil, Natural Gas Production Climb in August

North Dakota oil and natural gas production shot up in August along with gas capture volumes, but the production surge is expected to fall back and continue declining by the end of the year. Oil production in August topped 36 million bbl (1.16 million b/d), compared with 32.3 million bbl (1.04 million b/d) in July.…

October 19, 2020
Future North Dakota Bakken Oil, Natural Gas Output Still Facing Uncertainties

Future North Dakota Bakken Oil, Natural Gas Output Still Facing Uncertainties

Bakken Shale oil production in North Dakota rebounded in July, topping 1 million b/d, but the state expects output to drop again without higher crude prices and more rigs in operation. Chief oil and gas regulator Lynn Helms during a webinar Tuesday said oil and gas production jumped overall in July month/month by 16.5%. Oil…

September 16, 2020
North Dakota Keeping Close Eye on DAPL Court Challenges

North Dakota Keeping Close Eye on DAPL Court Challenges

North Dakota is keeping a wary eye on the continuing legal challenges facing the Dakota Access Pipeline (DAPL), which carries 40% of the daily oil supplies from the prolific Bakken Shale.

June 17, 2020
Coronavirus, Commodity Price Crash Prompt North Dakota to Write Prescription for Idle Wells

Coronavirus, Commodity Price Crash Prompt North Dakota to Write Prescription for Idle Wells

The North Dakota Industrial Commission (IC) on Tuesday adopted remedies that may protect oil and gas producers during an expected spike in idle wells from the global economic slowdown.

March 25, 2020
Coronavirus, Price Crash Weighing Heavily on North Dakota Oil, Natural Gas Outlook

Coronavirus, Price Crash Weighing Heavily on North Dakota Oil, Natural Gas Outlook

Since the outset of the coronavirus and the global oil price crash, prices for North Dakota’s Bakken Shale crude oil have cratered to below $20/bbl, and state officials said Tuesday they expect the rig count and completed wells to follow suit.

March 18, 2020

Texas, North Dakota Lead U.S. to Record 1.28 Bcf/d Venting/Flaring in 2018

The volume of U.S. natural gas vented and flared reach a record high average of 1.28 Bcf/d in 2018, with Texas and North Dakota accounting for 82% of the total, according to the Energy Information Administration (EIA).

December 9, 2019
North Dakota Still Churning Out Record Production but Prices Falling

North Dakota Still Churning Out Record Production but Prices Falling

Oil and natural gas production in August again set monthly records in North Dakota, but the statistics belie falling prices since, a state official said Thursday.

October 18, 2019
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