Alva Review-Courier -

North Dakota oil and gas production hit new highs

 

November 18, 2018



BISMARCK, N.D. (AP) — North Dakota set oil and gas production records in September, but a slowdown is expected in the coming months due to a sharp drop in oil prices.

The state's director of mineral resources, Lynn Helms, said Friday that oil production surged to a record 1.36 million barrels per day, while natural gas output hit an all-time high of 2.5 billion cubic feet per day in September.

But the gas volume that was flared off instead of captured also hit a record at 457 million cubic feet per day. The capture rate was 83 percent, missing an 85 percent target for the fifth straight m...



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