Sunday, March 17, 2013

North Dakota by the numbers


Formation pressures

Booming North Dakota by the numbers 

 Mar 16th 2013 |From the print edition

IN 2012 North Dakota produced more crude oil than any other state except Texas. Between 2011 and 2012 production there increased by more than 250,000 barrels a day (b/d). By November last year almost 22m barrels of oil a month came out of the ground—outpacing the traditional petroleum-pots of Alaska, California and Oklahoma. About 33,000 wells will be drilled over the next 15-25 years, 5,000 of them in the next two years. [More...]