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North Dakota oil production expected to grow only slightly this year

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/

 

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