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.

North Dakota oil production hits another record in September 2018 and again in October

Photo by James Ulvog.

Average production rose 5.2% in September 2018, hitting a new record, then rose another 2.4% in October for another record level. The production in October was just under 1.4 million bopd.

At the end of 2017, production was 1,182,836 ave bopd. In September average was 1,359,284 (final) and October was 1,391,877 (prelim).

Some production graphs – – –

Statewide and Bakken shale production has been trending up sharply.  Last winter’s lull is quite visible. The output curve is starting to take on the rapid growth angle visible back in 2012 and 2013.

 

For a longer term perspective, check out the average daily production since 1990:

 

Photo by James Ulvog.

Average production per well has been trending up for 2017 and 2018. Probably due to bringing lots of new wells online.

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