Without cuts, Bakken crude would have flat-lined North Dakota oil output was at record 1.52 million b/d in October State claims Bakken breakevens are $12/b, analysts disagree Washington — The OPEC+ decision to deepen output cuts will cause “slow to moderate” growth in Bakken production, North Dakota’s top oil and gas regulator said Friday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Without a deeper cut, North Dakota production, which set a record of 1.52 million b/d in October, would likely have “flat lined” throughout 2020, Lynn Helms, director of North Dakota’s Department of Mineral Resources, told reporters Friday. Helms said that the decision will likely lead to an increase in capital available to producers. “It was going to be a struggle just to match this 1.5 million b/d,” Helms said. The OPEC+ decision “should result in small increments of production growth through the […]