Natural Gas
Production Sets New Record
Market analysts
focus attention on oil production, so almost unnoticed was the fact that
North Dakota established another new-all time high for natural gas production
in February. The state produced nearly 59 billion cubic feet of natural gas in February, or 2.102 Bcf per day, according to statistics compiled by the Department of Mineral Resources. The previous record was 2.096 Bcf/day set in December 2017.
“The expectations are that over time in the coming decade, we’re going to shift from this lower gas-oil ratio to a higher ratio,” Kringstad said. Click here to see Kringstad’s slide presentation to the ND Industrial Commission. Nearly half of the state’s production is coming from McKenzie County, which produced 28.3 Bcf in the month of February. Williams County was a distant second with just over 10 Bcf. Click here to see a chart of county-by-county natural gas production numbers.
Oil production
volumes dipped slightly in February, mainly due to winter-related
difficulties.
Click here to see DMR
Director Lynn Helms’ Directors Cut.
Click here for Renée Jean's
story about the production numbers in the Williston Herald. |
News
Natural Gas Production Sets New Record
Monday, April 23, 2018