Outrun Change

We need to learn quickly to keep up with the massive change around us so we don't get run over. We need to outrun change.

Graph of North Dakota oil production – another record – May 2012

Average daily oil production in North Dakota for May 2012 was 639,277 bopd, which is an increase of 29,904 barrels per day over April, or 4.9%.  The April increase was 33,883 bopd, or 5.9% for the month. Increase in March was 17,235 bopd, or 3.1% over February.

Number of wells increased to 6,954.

You can find the data here.

Here is a graph of monthly production:

For some longer term perspective, here is the production data for the month of May over the last 5 years.

 ave daily
 production  % chg  wells  % chg
 for month
5-08             156,420        3,811
5-09             205,995 32%        4,135 9%
5-10             298,981 45%        4,684 13%
5-11             363,974 22%        5,338 14%
5-12             639,277 76%        6,954 30%

Here is that data in a graph:

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