State’s January oil output flat as winter chills drilling
Oil production in North Dakota’s Bakken shale stayed flat in January after falling sharply the month before, according to independent data that illustrate how this winter’s bitter cold put a freeze on the world’s fastest-growing oil patches.
Although December’s extraordinary chill gave way to relatively warmer weather last month, Bakken output hovered just below 860,000 barrels per day, according to calculations by LCI Energy Insight, a Texas-based energy intelligence firm.
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