Bigger than some of OPEC: North Dakota on track to reach 2 million barrels of oil per day by 2030

 May 06 2019
Bigger than some of OPEC: North Dakota on track to reach 2 million barrels of oil per day by 2030

FARGO — North Dakota’s soaring Oil Patch has placed it squarely in the midst of output levels for members of the Organization of Petroleum Exporting Countries — and it already would rank 18th in the world if the state were a country.

North Dakota produces an average of 1.4 million barrels of oil per day, a level that places it ahead of seven of OPEC’s 13 member countries, including Libya, Algeria and Venezuela.

Now, as North Dakota’s oil production continues to grow, it is knocking at the door of a major producer in the North Sea.

“It’s pretty astounding when you think about it,” said Ron Ness, president of the North Dakota Petroleum Council, which represents the oil and gas industry.

“We’re producing nearly as much energy, and with our growth will surpass Norway,” which produces more than 1.5 million barrels of oil per day, he said. “Bakken oil is making an imprint on the world. Our role in world oil supply is substantial and significant.”

Read more at https://www.inforum.com/news/government-and-politics/1015748-Bigger-than-some-of-OPEC-North-Dakota-on-track-to-reach-2-million-barrels-of-oil-per-day-by-2030

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