DENVER—Only 10 fields in the world produced more than 1 million barrels a day (MMbbl/d) last year—and the Bakken Shale was one of them, Jack Stark, COO and president of Continental Resources (NYSE: CLR), said at Hart Energy’s recent DUG Bakken and Niobrara conference.The Bakken averaged 1.1 MMbbl/d of production in 2016 between North Dakota and Montana, which Stark attributed to technology strides and greater understanding of the geology, adding there is more to come.If the Bakken were a separate country, it would rank 19th in world production, Stark said.
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Source: Daily Dose of ShaleDirectories.com News
March 24, 2017