Oil production down 2 percent for November
WILLISTON - North Dakota's oil production declined about 2 percent in November, as operators were affected by winter weather and implemented cost-cutting measures at the end of their 2012 budgets, the state Department of Mineral Resources said today.
North Dakota produced 733,078 barrels of oil per day in November, according to preliminary figures from the department.
The state produced 749,212 barrels per day in October, an all-time high.
A winter storm in November affected oil production, according to the monthly Director's Cut report by Lynn Helms, director of the Department of Mineral Resources. Nov. 10, 2012, was the snowiest day for Williams County since 1901, Helms said.
The last time North Dakota saw a monthly decline in oil production was in April 2011, also due to a winter snowstorm, said Alison Ritter, spokeswoman for the department.
During November, the state saw a small decline in drilling and a very large decline in hydraulic fracturing as operators transitioned to higher efficiency rigs and cut costs, Helms said.
An estimated 410 wells are idle and waiting for hydraulic fracturing crews, Helms said.
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