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North Dakota’s oil production for May was at another new record of 296423 barrels per day.
The May production was 9,189,101 barrels which is the first time that monthly North Dakota production topped 9 million barrels.
Continental Resources will increase its capital expenditure budget from $850 million to $1.3 billion to boost drilling and acreage acquisition in the Bakken Shale formation (mostly in North Dakota). Continental expects production growth of 15 percent to 17 percent and predicts growth to be even stronger next year.
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.