Bakken production was down 28,604 barrels per day to 1,096,044 bpd. All North Dakota was down 29,506 bpd to 1,152,280 bpd. This is just the last two years of the chart above. It gives a slightly better look at what is happening. Barrels per day per well fell to 106 in the Bakken and to 90 in all North Dakota. From the Director’s Cut Producing Wells November 13,100 December 13,119 (preliminary)(all time high was Oct 2015 13,190) 10,756 wells or 82% are now unconventional Bakken–Three forks wells 2,363 wells or 18% produce from legacy conventional pools. Permitting November 125 drilling and 0 seismic December 95 drilling and 0 seismic January 78 drilling and 0 seismic (all time high was 370 in 10/2012) ND Sweet Crude Price November $32.16/barrel December $27.57/barrel January $21.13/barrel Today’s $16.50/barrel (lowest since February 2002)(all-time high was $136.29 7/3/2008) Rig Count November 64 December 64 January […]