North Dakota Oil Output Expected to Hit Record This Summer

 May 23 2019
North Dakota Oil Output Expected to Hit Record This Summer
Per North Dakota’s oil regulator, the state’s daily crude output rose 4.1% in March after decreasing 4.9% in the previous month on harsh winter weather. The North Dakota Department of Mineral Resources’ (‘DMR’) latest data stated that oil production in March averaged 1,390,138 barrels a day, up 54,547 barrels a day from February.

Meanwhile, natural gas output hit its highest level ever. The state churned out 2,801,434 thousand cubic feet per day in March, up from February’s 2,631,118 thousand cubic feet per day. North Dakota’s total number of producing wells tallied 15,353 at the end of March for a monthly gain of 199.

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