North Dakota's daily oil production fell 2 percent in September as slipping crude prices again weighed on the state's energy industry and forced cuts in the use of drilling rigs and fracking crews.
The state produced 1,162,253 barrels of oil per day (bpd) in September, compared with 1,187,631 bpd in August, according to the Department of Mineral Resources, which reports on a two-month lag.
Natural gas output fell 3 percent to 1,603,785 million cubic feet per day.
The number of producing wells fell by six to 13,025, though state officials permitted one more well in September than in August.
The count of drilled-but-uncompleted wells jumped by 95 to 1,091, eclipsing 1,000, which had been seen as an inevitable milestone across the state's oil patch as oil producers delay fracking new wells in hopes that oil prices will rise.
Recommended Reading
Exxon Ups Mammoth Offshore Guyana Production by Another 100,000 bbl/d
2024-04-15 - Exxon Mobil, which took a final investment decision on its Whiptail development on April 12, now estimates its six offshore Guyana projects will average gross production of 1.3 MMbbl/d by 2027.
Exxon Mobil Green-lights $12.7B Whiptail Project Offshore Guyana
2024-04-12 - Exxon Mobil’s sixth development in the Stabroek Block will add 250,000 bbl/d capacity when it starts production in 2027.
Sangomar FPSO Arrives Offshore Senegal
2024-02-13 - Woodside’s Sangomar Field on track to start production in mid-2024.
E&P Highlights: April 1, 2024
2024-04-01 - Here’s a roundup of the latest E&P headlines, including new contract awards.
Deepwater Roundup 2024: Offshore Africa
2024-04-02 - Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.