April marked the month that the average production passed the 1 million point. Preliminary number is 1,001,149.
Everyone has been waiting for this day. Yippee!
Here’s a graph of production for state-wide and Bakken-only:
On June 8, 2012, I predicted state-wide production would hit 1M bopd in September 2013. Well, April ’14 is not September ’13, so I missed my prediction 18 months out by 6 months. Back in March ’12 production was 575,490 bopd. In April ’14, it was 1,001,149
The Director’s Cut report indicates weather was still poor in April. Three days of road closures due to rain and nine days with winds over 35 mph, which stops completion work.
A time to celebrate.
When I get a chance, I’ll pull together the predictions I’ve accumulated on when North Dakota would pass the million mark.
Photo above by James Ulvog.