Bakken oil production was down 10,119 barrels per day in September and all North Dakota production was down 10,353 bpd in September. Bakken production continues to decline though I expect it to level off soon. Barrels per day per well continue a steady decline. Bakken bpd per well fell 2 to 85 while all North Dakota bpd per well fell 2 to 74. From the Director’s Cut Oil Production August 30,442,347 barrels = 982,011 barrels/day September 29,149,737 barrels = 971,658 barrels/day (preliminary) (all-time high was Dec 2014 at 1,227,483 barrels/day) 920,899 barrels per day or 95% from Bakken and Three Forks 50,759 barrels per day or 5% from legacy conventional pools Producing Wells August 13,295 September 13,367 (preliminary)(NEW all-time high) Permitting August 99 drilling and 1 seismic September 63 drilling and 1 seismic October 82 drilling and 1 seismic (all time high was 370 in 10/2012) ND Sweet Crude […]