While oil production slipped in May in North Dakota, it still has the attention of some Oklahoma oil and gas exploration companies.
Oklahoma City-based Continental Resources, according to the North Dakota Department of Mineral Resources has four active rigs in the Bakken. Tulsa-based WPX Energy has two rigs while Marathon Oil has at least on rig.
Houston-based Newfield Energy, an active player in Oklahoma’s STACK oil play has six rigs drilling in North Dakota. The state had a total of 58 drilling rigs as of last week.
In May, oil production totaled 1.04 million barrels of oil a day, down from the 1.05 million produced in April. Natural gas production in May was 1.85 billion cubic feet, an increase from the 1.83 billion cubic feet produced in April.