Saturday, February 15, 2014

Boom Country

North Dakota's very good year:
Lynn Helms, director of the state Mineral Resources, said Friday that North Dakota produced an average of 923,227 barrels of oil daily in December. The monthly total of 28.6 million barrels was down from 29.2 million barrels in November due to worse-than-normal winter weather that caused the slowdown in oil production, he said.

"The big story in December was the weather," he said.

Helms said it was the first time since January 2013 that the state did not set a monthly oil production record. December production figures were the latest available, because oil production numbers typically lag at least two months.

Tessa Sandstrom, a spokeswoman for the North Dakota Petroleum Council, called the state's surging oil production good news.

"Oil and gas production continue to have a positive impact on the economy and jobs," said Sandstron, whose group represents hundreds of companies working in the state's oil patch. "There are impacts and we look forward to addressing those in the coming year."
This is what a successful energy economy looks like...

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