The Associated Press
North Dakota is poised for another surge in crude oil output, but new state regulations could soon force well operators to cut oil production unless they reduce wasteful flaring of natural gas.
The state’s top oil regulator said Monday that oil production rose 3.6 percent in May to a record 1,039,635 barrels per day and is poised to increase at a faster pace. The report comes one month after the state for the first time surpassed 1 million barrels of oil production per day.
As summer weather allows more well completions, “I am anticipating … 5 and 6 percent production increases, double what we have seen in the last couple of months,” said Lynn Helms, director of the state Department of Mineral Resources.