North Dakota has published January production data for the Bakken and for all North Dakota. Bakken production was up 37,617 bpd to 932,817 bpd while all North Dakota’s production was up 37,972 to 980,294 bpd.
Tag Archives: USA
The future output from the light tight oil (LTO) sector of the US oil industry is the subject of much speculation. Above I present some possible future output scenarios based on a simple model of US LTO, the scenarios are … Continue reading
The Baker Hughes International Rig Count is out. The rig count data in all charts below is through February 2016. The Baker Hughes International Rig Count does not include the US, Canada, any of the FSU countries or inland China. … Continue reading
The IEA Oil Market Report, full issue, is now available to the public. Some interesting observations: Non-OPEC oil supplies are nevertheless seen sharply lower in December. Overall supplies are estimated to have slipped by more than 0.6 mb/d from the … Continue reading
The Bakken and All North Dakota oil production data is out. Bakken production was up by 5,166 barrels per day to 1,119,380 bpd While all North Dakt0a was up 5,195 bpd to 1,176,314 bpd. North Dakota production has been basically flat … Continue reading