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.

Oil output in North Dakota drops slightly in January.

Average daily output in North Dakota declined to 1,190,511 bopd, down 3.0% from the slightly revised December record high of 1,227,483. When I say slightly, I mean the December average was increased by 139 bopd, or one-hundredth of one percent.

That brings production down to just over the amount in November. January is the third highest average.

This month I graphed the monthly value of oil production. More on that tomorrow.

First, my two graphs on monthly production:

3-15 oil prod

Next, a shorter time horizon with the Bakken-only data.

3-15 oil bakken and state

 

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2 thoughts on “Oil output in North Dakota drops slightly in January.

  1. Pingback: Value of oil production in North Dakota is plummeting | Outrun Change

  2. Pingback: A look at rig count and wells waiting for completion | Outrun Change

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