Bakken oil production was down 10,119 barrels per day in September and all North Dakota production was down 10,353 bpd in September. Bakken production continues to decline though I expect it to level off soon.
Tag Archives: OPEC
North Dakota has released August production data for the Bakken and also for all North Dakota. Bakken production was down 46,433 barrels per day to 930,931 bod, All North Dakota was down 48,695 bpd to 981,039 bpd. This is first … Continue reading
Rystad Energy has published an interesting article claiming that the US has more oil reserves than Saudi Arabia… if you include shale oil. A new independent estimate of world oil reserves has been released by Rystad Energy, showing that the US … Continue reading
OPEC released its Monthly Oil Market Report on August 10, 2016, I have pulled some items of interest from the report. World Oil Demand World oil demand growth in 2016 is expected to average 1.22 mb/d, some 30 tb/d higher … Continue reading
The new OPEC Monthly Oil Market Report is out with crude only production numbers for June 2016. OPEC added Gabon to its member countries this month. But I do not have historical production numbers for Gabon so this report does … Continue reading