North Dakota crude production hit all-time high in December 2012

18 March 2013 16:43  [Source: ICIS news]

HOUSTON (ICIS)--North Dakota crude oil production reached an all-time average high of 770,000 bbl/day in December, a government agency said on Monday.

In addition, the state’s total annual production more than doubled from 2010-2012, mainly from the use of horizontal drilling and hydraulic fracturing of deposits in the Bakken shale play, the US Energy Information Administration (EIA) said.

North Dakota accounted for 10% of total US crude oil production, behind only Texas and the federal offshore region.

However, the increase in production did not rise month on month in 2012.

Since much of the crude oil production in North Dakota is transported by truck to railcars, severe weather can impact the supply chain.

For example, according to the EIA, crude oil production in November fell slightly from the October level because of weather-induced transportation problems caused by an unusually heavy snowstorm.

Furthermore, since more than 80% of the state’s wells are located in just four northwestern counties, harsh weather can reduce the state’s overall crude production.

Follow Anna on Twitter


By: Anna Matherne

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index