North Dakota oil production tops 1M barrels/day

|By:, SA News Editor

North Dakota, home to the Bakken shale formation, is now the fourth state in U.S. history to produce more than 1M bbl/day of oil, as the state's Department of Mineral Resources reports output rose 2.5% in April from March to just above 1M bbl/day.

North Dakota now produces more than 12% of all U.S. oil and more than 1% of global production - unimaginable just a decade ago

Texas, California and Alaska previously have crossed the million-barrel mark; of the three, only Texas remains above it, at almost 3M bbl/day.

Among Bakken producers: CLR, EOG, KOG, WLL, HES, OAS, NOG, EOX, MRO.