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Title : Flashback From The Bakken, 2010 -- February 15, 2019
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Flashback From The Bakken, 2010 -- February 15, 2019

Analysts projected that North Dakota would produce one million bbls of crude oil by 2020.

"We" crossed that milestone some years ago. Just saying. And production is and has been constrained by any number of factors:

• US glut of light oil; US refineries don't need more light oil
• price volatility
• takeaway capacity
• competition from other shale plays (operators in multiple plays move focus from one play to another)
• flaring issues
• asset management

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