Bakken Big Decline in September
The NDIC has published their monthly update for Bakken Oil Productin and all North Dakota Oil Production.
Bakken production was down 24,424 barrels per day while all North Dakota was down 25,378 bpd.
Here is an amplified version of the last 15 months of North Dakota production. September 2015 production is now below September 2014 production so the 12 month average has now turned negative.
Even though producing rigs in North Dakota declined in September, barrels per day per well declined also from 94 to 92. Bakken bpd per well declined from 112 to 109.
This is a long term view of Bakken and North Dakota barrels per well.
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