Oil production in North Dakota barely increases in 3-13
Production in March averaged 782,934 bopd, up about 0.5% from the slightly revised February amount of 779,144 bopd.
Number of wells waiting completion is at record high of 440, at least my limited spreadsheet shows that as the high. Over the last year it has been in the mid 300s.
Director’s report says the weather was lousy in the month:
March weather was much worse than February with three major storms.
Three storms in one month will slow things down a bit.
Spring thaw will make the roads a mess, generating load restrictions, which if I’m gaining some understanding, means everything will slow down.
Looks like my estimate of hitting one million barrels a day by the end of September isn’t looking so good, huh? We will see soon.