Bismarck, ND – North Dakota set another record in October in oil and gas production.
In October, North Dakota produced nearly 1.4 million barrels of oil per day. But since then, oil prices have dropped significantly. The state also missed it’s natural gas capture goal again, partly because there is not enough infrastructure in place.
“It’s anticipated that investment in drilling, hydraulic fracturing and well completions is going to slow. Investment in gas gathering and pipelines is going to remain as high as absolutely possible,” the Director of the Department of Mineral Resources Lynn Helms said.
More plants are in the works to improve the flaring problem. The state hopes it will see improvement within the next couple of months.