North Dakota oil output slightly declined in October

State News

North Dakota’s Department of Mineral Resources announced the oil output numbers for the month of October.

Production remained flat, with just a .3 percent reduction for the month, or about 3,700 barrels a day fewer than the month before.

Natural gas output also decreased by about 1 percent, while the state’s rig count is at 32.

Department Director Lynn Helms says New Mexico also saw a small decrease in oil output, but still has significantly more rigs than North Dakota, at 88.

“Good news is that that 1.11 million barrels a day still keeps us one percent above revenue forecast,” Helms said.

Although oil output saw a slight decline, Helms says there are now a record number of producing wells in the state — at 17,163.

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