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Rolling blackouts hurt North Dakota oil production


Rolling blackouts hurt North Dakota oil production
Q2 News photo
and last updated 2021-04-16 00:47:59-04
Rolling blackouts that cut power to the Bakken oil fields during February s deep freeze also cut North Dakota s oil production by as much as six percent.
The North Dakota Department of Mineral Resources reported recently that the power problems slashed the state s oil production by more than a million barrels in February. Agency Director Lynn Helms says that decrease in production was twice what his agency anticipated.
The February deep freeze forced the Western Area Power Administration (WAPA) to conduct rolling blackouts across its system. Helms said those outages affected Mckenzie, Williams and Dunn counties, three of North Dakota s top oil-producing areas. Helms said the blackouts came with little warning over two days in mid-February, forcing several North Dakota natural gas plants offline for hours. ....

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Oil, Gas, And Fracking News Read 11April 2021


The natural gas storage report from the EIA for the week ending April 2nd indicated that the amount of natural gas held in underground storage in the US rose by 20 billion cubic feet to 1,784 billion cubic feet by the end of the week, which left our gas supplies 235 billion cubic feet, or 11.6% below the 2,019 billion cubic feet that were in storage on April 2nd of last year, and 36 billion cubic feet, or 1.3% below the five-year average of 1,808 billion cubic feet of natural gas that have been in storage as of the 2nd of April in recent years..the 20 billion cubic feet that were added to US natural gas storage this week was less than the average forecast of a 27 billion cubic foot addition from an S&P Global Platts survey of analysts, and was also less than the 30 billion cubic feet added to natural gas storage during the corresponding week of a year earlier, but was well more than the average addition of 8 billion cubic feet of natural gas that have typically been injected into ....

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