- Associated Press - Tuesday, December 13, 2016

BISMARCK, N.D. (AP) - North Dakota’s oil production topped 1 million barrels daily in October, after sliding below the threshold in the two previous months.

The Department of Mineral Resources says the state produced 1.04 million barrels of oil per day in October, up from 971,000 barrels daily in September.

North Dakota sweet crude fetched an average of $39.31 in October, up from $32.98 the month prior.

The price for North Dakota sweet crude on Tuesday was $40.50.

A record 13,457 oil wells were producing in October, up 79 from September.

North Dakota also produced a record 1.71 billion cubic feet of natural gas per day in October, up from 1.61 billion cubic feet daily in September.

The October figures are the latest available because oil production numbers typically lag at least two months.

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide