Bakken Production Sets Record – Surpasses 700,000 b/d

Record Set After Cold Snap Caused Delays In November
Bakken Production and Oil Price

Bakken Production vs Oil Price | Click to Enlarge

Bakken oil production hit a new record in December of 2012, after declining in November for the first time in almost two years. Weather related delays kept operators from pushing through old records in November, but production surged to more than 700,000 b/d in December.

The state reported Bakken production of 21,835,148 barrels or 704,360 barrels per day in December. The region also eclipsed the 5,000 producing well mark during the month. 5,044 wells produced an average of almost 140 b/d.

 

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R.T. Dukes

R.T. Dukes

Managing Editor at BakkenShale.com
R.T. is the managing editor and a contributor to BakkenShale.com and EagleFordShale.com. His experience includes research and consulting roles where he advised major oil companies. His current life revolves around his wife, two kids, and shale plays. He has been following the Bakken since early 2006. 2503 Robinhood, Houston, TX, 77005, U.S.A. | Telephone: 832.429.4790

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