North Dakota officially produces one million barrels-of-oil per day.
Something only four other states have been in included in...
And a milestone that puts the state among the top energy producers in the world.
Reporter Ben Smith has the story.
In a time when energy independence means everything.
North Dakota barrels ahead.
The North Dakota Petroleum Council says as of May 2014, North Dakota has reached the one million barrels of oil-per-day mark.
For some, this level of production came quicker than expected.
"It has exceeded expectations, our forecast was based on 850,000 barrels per day." says Pam Sharpe, office of management and budget.
Fifteen years ago, North Dakota produced less than 100,000 barrels of oil but since 2009, oil production has more than quadrupled, putting North Dakota among the top oil producers in the entire world
"If ranked as a country, we would be in the top 20 producing oil wells in the world. We have become beyond what Libya produces which is 700,000 barrels a day. We now produce a million." Says Eugene Graner
Which, according to the petroleum council, is 75% of what the U.S. imports from Saudi Arabia on a daily basis.
But despite reaching this historic milestone, this year's oil production has yet to reach its full potential.
"The big surge in production has not yet happened as of the end of April. We had a 23,000 barrel a day increase but there are larger increases to come." says Lynn Helms
Helms says the next few months should produce even more barrels of oil per day.. than ever before..
Ben Smith KXNews.
Reaching this milestone means North Dakota brings in more than 11 million dollars per day of oil and gas production taxes.
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