Bakken Production 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 for 14 months. Both North Dakota and Bakken production is still below their September 2014 levels. Producing Wells October 13,190 (all time high) November 13,077 10,655 wells or 81% are now unconventional Bakken – Three forks wells 2,422 wells or 19% produce from legacy conventional pools. ND Sweet Crude Price October $34.37/barrel November $32.16/barrel December $27.57/barrel Today’s $20.00/barrel (lowest since March 2002) (all-time high was $136.29 7/3/2008) Rig Count October 65 November 64 December 64 Today’s rig count is 49 (lowest since August 2009 when it was 45)(all-time high was 218 on 5/29/2012) The statewide rig count is down 78% from the high and in the five most active counties rig count is down as follows: Divide […]