21 Jul 2014 Between 2004 and 2008, North Dakota's oil production doubled. North Dakota produced 30 million barrels of oil in April — as much as it had 12 Sep 2018 From these Gulf Coast ports, much of the oil will hitch a tanker ride to distant markets overseas, either North Dakota produces so many such flares that they are visible from space. We do the best we can to minimize them. 15 Sep 2010 Oil and gas production from the Bakken Shale is projected to use up to 5.5 billion gallons of water annually for as many as two decades. North Dakota North Dakota is in the midst of a hydrocarbon production boom, as gas and oil developers tap the Bakken Shale. Why do they need to use fresh water? 10 Sep 2012 Many of the oil wells in Harding County are located on land owned by local OIL PRODUCTION - South Dakota produces about 1.6 million barrels SOUTH DAKOTA FRACKING – Wells in the Red River Formation do not The number of producing Bakken/Three Forks wells in North Dakota has expanded Although the Bakken is an oil play, it does produce significant amounts of as much as $25 a barrel in discounts to get their crude to market, North Dakota
Lots of news sites are reporting on some data released by the North Dakota Department of Mineral Resources. Here’s the key data: Typical well in Bakken and Three Forks fields will produce about 540,000 barrels of oil during a 29 year lifespan. Cost to drill is typically $7.9M. Days of $100 oil gone for now thanks to fracking. Fracking then spread to shale oil fields, led by the Eagle Ford and Permian Basin of Texas and the Bakken formation of North Dakota.
Year Month BBLS Oil Daily Oil Wells Producing BBLS Per Well Daily Oil Per Well 1973 2 1574785 56242 1379 1142 41 1973 3 1747837 56382 1385 1262 41 1973 4 1715891 57196 1381 1242 41 1973 5 1753713 56571 1387 1264 41 1973 6 1672586 55753 1395 1199 40. ND Monthly Oil Production Statistics Officials in North Dakota want the U.S. Geological Survey to put out a new estimate for how much oil is available in its shale plays -- all in the hope that a higher figure will draw greater investment to the state. One 42 gallon barrel of crude oil, when refined will produce 19.9 gallons of gasoline. So it requires 2.1 gallons of crude oil to produce a gallon of gasoline. The North Dakota Department of Mineral Resources estimates that it will take another 15 to 17 years to fully develop the Bakken with today’s technology and each of those wells will continue producing for 45 or more years.
Year Month BBLS Oil Daily Oil Wells Producing BBLS Per Well Daily Oil Per Well 1973 2 1574785 56242 1379 1142 41 1973 3 1747837 56382 1385 1262 41 1973 4 1715891 57196 1381 1242 41 1973 5 1753713 56571 1387 1264 41 1973 6 1672586 55753 1395 1199 40. ND Monthly Oil Production Statistics Officials in North Dakota want the U.S. Geological Survey to put out a new estimate for how much oil is available in its shale plays -- all in the hope that a higher figure will draw greater investment to the state. One 42 gallon barrel of crude oil, when refined will produce 19.9 gallons of gasoline. So it requires 2.1 gallons of crude oil to produce a gallon of gasoline.
The number of producing Bakken/Three Forks wells in North Dakota has expanded Although the Bakken is an oil play, it does produce significant amounts of as much as $25 a barrel in discounts to get their crude to market, North Dakota