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This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well.
Visit ShaleProfile blog to explore the full interactive dashboard
These interactive presentations contain the latest oil & gas production data from all 16,263 horizontal wells in North Dakota that started production from 2005 onward, through January.
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Total production
Oil production in North Dakota fell by 4% m-o-m, to 1.11 million bo/d in January, based on preliminary data. Just 25 new wells came online for the month, the lowest number in at least 12 years, except for May last year when the number was 17. In the past 2 months, 12 rigs were drilling horizontal wells in the state, which in our estimation is about half of what would be needed to maintain current output. However, we do see permit activity picking up (through March 4th already more permits were approved this year than in Q1 last year).