North Dakota posted records for oil and gas production in July, while the number of producing oilwells in the state also hit an all-time high, Kallanish Energy learns.
North Dakota, the second largest oil producing state after Texas, pumped 1.44 million barrels of crude per day (Mmbpd), up 1.2% over June, according to data released Monday by the North Dakota Department of Mineral Resources.
Natural gas production rose 2.2% from June to July, hitting 2.95 billion cubic feet per day (Bcf/d).
The number of producing oilwells stood at 15,943 in July, and the state’s rig count was 62, the same number as in August, but five more than in July.
In July, North Dakota operators captured 77% of natural gas, flaring the remaining 23%. During the previous month, flaring hit 24%, one of the highest marks in recent years.
North Dakota has been well below its gas capture goal of 88% (12% flaring) for many months. The state’s ability to capture and process gas has not kept up with rising production.
This post appeared first on Kallanish Energy News.