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ND oil production steady in November despite low prices

File photo of pump jacks are seen in the Midway Sunset oilfield. REUTERS/Lucy Nicholson/Files

WILLISTON, N.D. – North Dakota oil production held steady in November at nearly 1.18 million barrels per day, the Department of Mineral Resources said Friday.

Daily oil production increased more than 5,000 barrels, or 0.4 percent, since October as low oil prices continue to slow activity in the Bakken, preliminary figures show.

The number of drilling rigs operating in North Dakota on Friday was at 49, the lowest since August 2009.

Hydraulic fracturing crews completed 26 wells in November, down from 43 well completions in October. At the end of November, the state had 969 wells that were drilled but waiting on fracking crews as companies prefer to leave the oil in the ground until prices recover.

North Dakota natural gas production hit a new all-time high in November at nearly 1.67 billion cubic feet per day, a 0.7 percent increase over October.

Natural gas flaring increased from 14 percent to 16 percent in November.

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