magazine
magazine
magazine
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Continued from page 27<br />
to Russia during World War II, “I cannot forecast<br />
to you the action of Russia. It is a riddle,<br />
wrapped in a mystery, inside an enigma.”<br />
Like elementary school students, we probably<br />
haven’t learned half of what there is to know<br />
about it all. But, as we near our state producing<br />
1,000,000 barrels of oil per day, the residents<br />
of North Dakota should receive a tremendous<br />
amount of credit and thanks at such a special<br />
time in our state’s history. Our citizens, state<br />
government and industry need to continue to<br />
work together as we continue to learn and progress<br />
along this multi-generational journey. <br />
About the DMR’s Oil &<br />
Gas Division<br />
The Oil and Gas Division regulates the<br />
drilling and production of oil and gas in<br />
North Dakota. Its mission is to encourage<br />
and promote the development, production<br />
and utilization of oil and gas in the state in<br />
such a manner as will prevent waste, maximize<br />
economic recovery and fully protect<br />
the correlative rights of all owners to the<br />
end that landowners, royalty owners, producers,<br />
and the general public realize the<br />
greatest possible good from these vital<br />
natural resources.<br />
Trivia<br />
Time<br />
A Decade-to-Decade<br />
Look at ND Annual Oil<br />
Production<br />
Here is a look, from decade-to-decade,<br />
since the first year that oil production<br />
numbers were available in North Dakota.<br />
To see how the play in the Bakken has<br />
exploded in recent years, we have also<br />
included stats for 2012. Final figures up to<br />
the end of 2013 were not available at the<br />
time of publication.<br />
1951<br />
Wells producing: 1<br />
Bbls per well: 26,196<br />
Yearly oil total (bbls): 26,196<br />
1961<br />
Wells producing: 1,648<br />
Bbls per well: 14,367<br />
Yearly oil total (bbls): 23,676,981<br />
1971<br />
Wells producing: 1,575<br />
Bbls per well: 13,749<br />
Yearly oil total (bbls): 21,653,912<br />
1981<br />
Wells producing: 2,829<br />
Bbls per well: 16,227<br />
Yearly oil total (bbls): 45,907,342<br />
1991<br />
Wells producing: 3,627<br />
Bbls per well: 9,898<br />
Yearly oil total (bbls): 35,899,235<br />
2001<br />
Wells producing: 3,372<br />
Bbls per well: 9,399<br />
Yearly oil total (bbls): 31,693,576<br />
2011<br />
Wells producing: 6,562<br />
Bbls per well: 23,324<br />
Yearly oil total (bbls): 153,052,635<br />
2012<br />
Wells producing: 8,373<br />
Bbls per well: 29,051<br />
Yearly oil total (bbls): 243,246,417<br />
Source: www.dmr.nd.gov/oilgas/stats/annualprod.pdf<br />
BASIN BITS | Spring 2014 29