Warm Southern Breeze

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Posts Tagged ‘Industrial Commission’

North Dakota oil output at new high in August

Posted by Warm Southern Breeze on Thursday, October 11, 2012

North Dakota oil output at new high in August: regulator

NEW YORK | Wed Oct 10, 2012 5:43pm EDT

NEW YORK (Reuters) – Oil production in North Dakota accelerated in August, jumping by 3.6 percent from July levels to top the 700,000 barrel-per-day mark for the first time in the state’s history, data from the state Industrial Commission showed on Wednesday.

The state’s August oil output rose by nearly 25,000 barrels-per-day from the previous month and hit just above 701,000 bpd, fast approaching volumes from OPEC-member Qatar, which produced 770,000 bpd in August.

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