North Dakota produced a record 35 million barrels of oil in August, according to figures released Wednesday by the state's Industrial Commission. August also marked the Bakken oil formation's one billionth …
Current operations 3.15 times more productive than those of January 2014 EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins. The EERC rose in April, reaching 2,826 rigs. This indicates it would take 2,826 rigs from January 2014 to match the current activity level, due to the significant improvements in techniques[Read More…]
