North Dakota oil production slipped in December


North Dakota regulators say oil production in December was down about 3% from November.

The Department of Mineral Resources says the state produced an average of 1.47 million barrels of oil daily in December. That’s down from 1.51 million barrels from the prior month.

North Dakota also produced about 94.8 billion cubic feet of natural gas in December, up from 94 billion cubic feet in November.

Statewide, companies flared 16% of all gas produced in December, above the 12% target.

There were 15,979 wells were producing in December, down from a record 16,110 in November. The December tallies are the latest figures available.

There were 56 drill rigs operating Friday, up one from the December average.

Source: Associated Press