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U.S. Oil Output Is Set to Rise Next Year on Higher Prices, Drilling
By
January 12, 2021
A Unit Drilling Co. rig stands in the Bakken Formation in this aerial photograph outside Watford City, North Dakota, U.S., on Friday, March 9, 2018. When oil sold for $100 a barrel, many oil towns dotting the nation s shale basins grew faster than its infrastructure and services could handle. Since 2015, as oil prices floundered, Williston has added new roads, including a truck route around the city, two new fire stations, expanded the landfill, opened a new waste water treatment plant and started work on an airport relocation and expansion project.