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November 08, 2011

North Dakota oil production hits record 464129 barrels of oil per day

North Dakota oil production has hit 464,129 barrels of oil per day which is almost 14 million barrels per month. This is 80,000 barrels per day more than three months ago and 100,000 barrels per day more than four months ago.

North Dakota produced 444142 barrels of oil per day in August, 2011

North Dakota Department of Mineral Resources Director Lynn Helms indicated that the boom in North Dakota oil is likely to lead to over 500,000 barrels per day by the end of 2011 and is heading to 800,000 barrels per day in 2013-2014.

California produces about 539,000 barrels of oil daily, compared with about 550,000 barrels in Alaska and about 1.2 million barrels daily in Texas.

North Dakota is likely to move to become the second largest state for oil production in 2012.







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