North Dakota Oil Output Set to Rise
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
North Dakotas oil production poised to rise as operators plan to restart inactive wells, contingent on stable oil prices. Despite recent price surge to near four-year peak, major producers cautious, adhering to long-term budgets. State had 2,835 inactive wells in January, with overall production dropping to 1.12 million barrels per day. Fracturing crews remain steady, but expected to increase as weather improves.
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