Saturday, November 16, 2013

No Thanks To Obama

Good to see:
From the Minot Daily News:   North Dakota's oil production continues to climb and set new all-time highs.
The North Dakota Department of Mineral Resources reported Friday that in September the state produced a preliminary high of 931,940 barrels of oil a day. That amount comes to about 28 million barrels in September.
That also means North Dakota is 68,060 barrels of oil a day away from hitting the 1 million barrels a day mark.
The September oil production is an increase of 20,754 barrels a day more than in August.
Lynn Helms, director of the N.D. Department of Mineral Resources, reported that 867,123 barrels per day, or 93 percent of the oil, came from Bakken and Three Forks wells. He said 64,817 barrels per day, or 7 percent, was from legacy conventional pools.
Gas production in September also set a preliminary new all-time high of more than 1 million MCF a day, or 31.8 million MCF that month. One MCF equals 1,000 cubic feet of natural gas.
The state also had a preliminary new all-time high of 9,682 producing wells in September, an increase of 207 more wells than in August. Of that number, 5,889 or 61 percent of the producing wells are Bakken-Three Forks wells, and 2,793 wells, or 39 percent, produce from legacy conventional pools, Helms reported.....
He said the trend continues that no rigs are actively drilling on federal surface in the Dakota Prairie Grasslands.
http://www.minotdailynews.com/page/content.detail/id/589789/N--Dakota-oil--production-climbs-upward.html?nav=5010
So, while the private sector on private land is out there creating jobs and helping with our less dependence on foreign sources, like the Mideast, the Federal government is sitting on it's collective butts doing nothing.
Typical.

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