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Blackouts Cut Oil Production In North Dakota

(Fargo, ND) Blackouts are cutting oil production in North Dakota. Data released this week shows the state produced around one-million barrels of crude oil per day in February, six percent fewer from the month before. North Dakota Mineral Resources Department Director Lynn Helms said it wasn't a terrible month, but not a good one. The winter storm that swept through Texas is ....

North Dakota , United States , Lynn Helms , Dakota Mineral Resources Department , வடக்கு டகோட்டா , ஒன்றுபட்டது மாநிலங்களில் , லின் ஹெல்ம்ஸ் , டகோட்டா தாது வளங்கள் துறை ,

Blackouts cause North Dakota oil and gas production to fall


Blackouts cause North Dakota oil and gas production to fall
April 16, 2021
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BISMARCK, N.D. (AP) The winter storms that paralyzed Texas and other south-central states and resulted in rolling power blackouts elsewhere caused North Dakota s oil and gas production to fall more than expected in February.
The blackouts temporarily shut down production in North Dakota, the nation’s second-largest oil-producing state.
The state produced about one million barrels of crude per day in February, down nearly 6% from the previous month, according to state data released Thursday. Natural gas production fell 5% from January.
“All in all, it was not a great month, not terrible, but not good,” said Lynn Helms, director of North Dakota’s Mineral Resources Department. ....

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How The Fracking Revolution Is Killing the U.S. Oil and Gas Industry


By Justin Mikulka, a freelance writer, audio and video producer living in Trumansburg, NY. Originally published at DeSmog Blog
After over a decade of the much-hyped U.S. fracking miracle, the U.S. oil and gas industry is having to deal with years of losses and falling asset values which has dealt the industry a serious financial blow. This is despite the fracking revolution delivering record oil and gas production for the past decade, peaking in 2019.
While the pandemic has hurt the industry, companies have also benefited from excessive bailouts from pandemic relief programs but these bailouts are a stop gap financial band-aid for the struggling industry. ....

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How the fracking revolution is killing the US oil and gas industry


NationofChange
“Does investing in oil and gas companies still make sense?”
After over a decade of the much-hyped U.S. fracking miracle, the U.S.
oil and gas industry is having to deal with years of losses and falling
asset values which has dealt the industry a serious financial blow.
This is despite the fracking revolution delivering record oil and gas
production for the past decade, peaking in 2019.
While the pandemic has hurt the industry, companies have also benefited from excessive bailouts from pandemic relief programs but these bailouts are a stop gap financial band-aid for the struggling industry.
The oil and gas industry has always required huge amounts of money to ....

United States , United Kingdom , New Mexico , North Dakota , Donald Trump , Lynn Helms , Matt Gallagher , Warren Buffett , Barack Obama , Harold Hamm , Rex Tillerson , Phil Flynn , Duane Dickson , Clark Williams Derry , Wood Mackenzie , Aubrey Mcclendon , Institute For Energy Economics , Chesapeake Energy , Energy Information , Parsley Energy , Energy Information Administration , Washington Post , Dakota Mineral Resources Department , Administration Image , Price Futures Group , Whiting Petroleum ,