What is the average daily oil production coming out of North Dakota?
At the end of 2009, North Dakota was producing about 250,000 barrels of oil per day. With a new pipeline project completed and the introduction of EOG’s railroad tanker project, oil capacity increased by about 110,000 barrels per day. It will be interesting to see if North Dakota reaches that capacity (360,000 barrels/day) by the end of 2010. Note: in March, 2010, it was announced that another railroad tanker project, this one at Dickinson, will be operational as early as October, 2010. If that comes online, then one can add another 60,000 barrels to current capacity estimated to be 360,000 barrels/day, reaching a new capacity record of 420,000 barrels per day.
Related Questions
- In the case of an oil well, can missed production days be considered in computing average daily production if the oil well subsequently makes up the production?
- Is average daily oil production calculated on the basis of production or sales volumes?
- What is the average oil production of one well in the Leduc/Woodbend field?
