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 …
EERC falls to 2,755 EnerCom has released its latest Effective Rig Count, examining the state of drilling activity correlated to production in major shale basins. The Effective Rig Count fell to 2,755 in August, continuing the decline seen last month. The drop in total EERC was due to declining efficiencies, as reported rig counts rose slightly in August. These two[Read More…]
