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North Dakota oil production falls for second straight month in June

August 15, 20242:57 PM Reuters0 Comments

North Dakota’s oil production fell by 22,500 barrels per day (bpd) in June to an estimated 1.176 million bpd, the state’s Pipeline Authority said on Thursday, marking a second straight monthly decline.

Production in the third top oil-producing U.S. state has slipped since climbing to 1.29 million bpd last September, according to figures from its Pipeline Authority. September’s level was the highest since March 2020, according to Energy Information Administration data.

The state would likely have a difficult time hitting 1.3 million bpd of production by the end of the year, regulators said on Thursday, but added they anticipated well completions to increase from June levels.

Separately, Marathon Petroleum’s 71,000-bpd Mandan refinery in North Dakota came out of a turnaround in late July, the pipeline regulator said in a presentation.

The state experienced some natural gas plant outages during the summer, regulators also said.

(Reporting by Liz Hampton in Denver; Editing by Leslie Adler and Marguerita Choy)

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