North Dakota’s oil production surged to a new record in July, putting the mid-western state on par with OPEC member Venezuela.
Home to the Bakken shale play, North Dakota pumped 1.27 million barrels a day in July, according to state figures released Friday. That’s roughly the same output as Venezuela during the month. The South American nation, whose oil industry has collapsed amid a prolonged financial crisis, saw production fall further in August to 1.24 million barrels a day — about half the level seen in early 2016, according to data from OPEC secondary sources.
— Read on www.bloomberg.com/news/articles/2018-09-17/north-dakota-is-now-pumping-as-much-crude-as-venezuela