NEW YORK: North Dakota beat California to become the third-largest US oil-producing state in January after output in the Midwest state's Bakken and Three Forks prospects hit another record.
The state's January oil output rose to 546,050 barrels per day (bpd), up 59.2 per cent from a year earlier, data from the North Dakota Industrial Commission showed on Thursday.
This compares with California's average crude oil output of 537,500 bpd throughout 2011, the last period for which data is available.
Mild winter weather and a ramp up in well completion work, including the controversial hydraulic fracturing process, led to the rise in output. Production in the Bakken and Three Forks prospects alone rose some 11,000 bpd to 480,700 bpd in January, the state data shows.
The state has upended the US oil market since 2007 and its output has eclipsed that of OPEC member Ecuador thanks to advances in horizontal drilling and hydraulic fracturing. Production has doubled in the three years since 2009.
Meanwhile, California's oil production has declined over the past few years and was an average 14,000 bpd lower in 2011 compared with the previous year.
Texas is the largest producer of oil in the United States, followed by Alaska.
The number of idle wells awaiting completion in North Dakota fell to 780 in January, the first dip since August last year, the data shows. More than 6,600 wells were producing in January.
indiatimes.com
The state's January oil output rose to 546,050 barrels per day (bpd), up 59.2 per cent from a year earlier, data from the North Dakota Industrial Commission showed on Thursday.
This compares with California's average crude oil output of 537,500 bpd throughout 2011, the last period for which data is available.
Mild winter weather and a ramp up in well completion work, including the controversial hydraulic fracturing process, led to the rise in output. Production in the Bakken and Three Forks prospects alone rose some 11,000 bpd to 480,700 bpd in January, the state data shows.
The state has upended the US oil market since 2007 and its output has eclipsed that of OPEC member Ecuador thanks to advances in horizontal drilling and hydraulic fracturing. Production has doubled in the three years since 2009.
Meanwhile, California's oil production has declined over the past few years and was an average 14,000 bpd lower in 2011 compared with the previous year.
Texas is the largest producer of oil in the United States, followed by Alaska.
The number of idle wells awaiting completion in North Dakota fell to 780 in January, the first dip since August last year, the data shows. More than 6,600 wells were producing in January.
indiatimes.com
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