Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

North Dakota oil production expected to grow only slightly this year

 

April 20, 2022

Richard Tsong-Taatarii, Star Tribune

North Dakota oil production was flat in February, and while the rig count has grown, production is not expected to grow quickly.

North Dakota oil production was flat in February - despite high crude prices - and output is expected to grow only slightly this year.

Limited partly by weather, North Dakota pumped out 1.09 million barrels of oil a day in February, about the same as the previous month, according to state data released Tuesday. Natural gas production rose 1.5 % from January to February.

"The weather was bad, production was not too bad and the prices were amazing," Lynn Helms, North Dakota's mineral resources director, told reporters Tuesday.

https://www.startribune.com/north-dakota-oil-production-only-expected-to-grow-slightly-this-year/600166168/

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021