August, 2017, Data Is Posted -- Director's Cut -- Total North Dakota Crude Oil Production Increased A Whopping 3.5% Month-Over-Month - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title August, 2017, Data Is Posted -- Director's Cut -- Total North Dakota Crude Oil Production Increased A Whopping 3.5% Month-Over-Month, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : August, 2017, Data Is Posted -- Director's Cut -- Total North Dakota Crude Oil Production Increased A Whopping 3.5% Month-Over-Month
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August, 2017, Data Is Posted -- Director's Cut -- Total North Dakota Crude Oil Production Increased A Whopping 3.5% Month-Over-Month

Director's Cut for August, 2017, data.

Link here.

Story over at The Bismarck Tribune, data points:

• The Bismark Tribune calls the increase slight; in raw numbers, the increase is slight but the percentage increase is quite remarkable; again, younger generation does not understand percentages
• the natural gas capture statistic on BLM land has worsened significantly; it was remiss by the Tribune to not mention this
• the Tribune did not mention that the number of DUCs and wells shut-in for various reasons totals almost 2,400 wells

The usual disclaimer applies. I do "this" quickly and there will be typographical and factual errors. If this is important to you, go to the source.

Oil production

• August, 2017: 1,0084,690
• July, 2017: 1,048,099
• Delta: 36,591 bbl/day increase; +3.5%
• compare with previous month -- last month (July, 2017), the delta: 14,653 bbl/day increase; +1.4%

Producing wells:

• August, 2017: 14,080 (preliminary, if it holds, new all-time high)
• July, 2017:13,992
• Delta: an increase of 88 wells; 0.4% increase
• compare with previous month --- last month (July, July, 2017), the delta: an increase of 55; 0.6%

Permitting

• September, 2017: 104
• August, 2017: 101
• July, 2017: 146 (huge jump)

Oil price:

• today: $41.50
• September: $39.56
• August: $37.93
• July: $35.83
• June: $34.72

Rig count:

• today: 57
• September: 56
• August: 56
• July: 58
• June: 55

Wells not producing:

• waiting on completion: pending; 863; down 26 from the end of July to the end of August
• estimated inactive well count: 1,498; up 20 from the end of July to the end of August

Takeaway capacity:

• August data: including CBR to coastal refineries is more than adequate
• July data: including CBR to coastal refineries is more than adequate
• June data: including CBR to coastal refineries is more than adequate
• May data: including CBR to coastal refineries is more than adequate (major change in verbiage)

Natural gas capture:

• statewide: 86% (trending down)
• FBIR: 77% (huge disappointment; was 82% last month)
• goal: 88% through October 31, 2020; then 91%
• comment: the trend has worsened -- large amount of flaring on BLM land

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