The EIA projects that
Bakken production will average
1.461 MMbo/d and 2.682 Bcf/d in
January, up by 18,000 bo/d and 25
MMcf/d sequentially. There are 767 DUCs in the
Bakken as of November, which is a
decline of eight compared to OctoberAccording to EIA monthly
production data, North Dakota oil
production averaged 1.37 MMbo/d
in October, which is up 16% YOY.
Montana output during the month
was 60,000 bo/d, up 9% YOY. The
report pegged US output during
October at 11.54 MMbo/d, up 19%
versus October......
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