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Science & Technology
Oil Drilling Boom in North Dakota?
2011-02-10
Posted by:GolfBravoUSMC

#9  Dry hole here in Texas and it's about time.
I hate dabbing the thing and my paper costs are going crazy!
Posted by: Jeremiah Ulolet8542   2011-02-10 23:55  

#8  It's worse than that.. I was trying to get a figure for 'net imports.' According to this, the US exported 2.3 million barrels A DAY of crude & refined petro products for the first 11 months of last year.
Posted by: Anguper Hupomosing9418   2011-02-10 20:20  

#7  The Doc works in Hyde Park.
Posted by: Nimble Spemble   2011-02-10 19:25  

#6  It's worse than that AH9418.
U.S. Crude Oil and Products Imports:
2005 - 13.714 Mbbl/day
2006 - 13.707 Mbbl/day
2007 - 13.468 Mbbl/day
2008 - 12.915 Mbbl/day
2009 - 11.691 Mbbl/day

Funny how cratering the economy and pocketbooks decreases the demand for oil.

http://www.eia.doe.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbblpd_a.htm
Posted by: George Thetch6690   2011-02-10 19:24  

#5  Doctor Steve: you do know that "watermelon" in this instance (used by AC) refers to "green on the outside, red on the inside", i.e.: Ecofascists/Commies, and not a racial thing?
Posted by: Frank G   2011-02-10 19:19  

#4  My current copy of Trains magazine had an article on this topic I was hoping to post, but the most recent on the website is this.
Posted by: Bobby   2011-02-10 19:03  

#3  Net oil imports to the USA run 10,000,000 barrels / day.
Posted by: Anguper Hupomosing9418   2011-02-10 13:46  

#2  So how long will it take the Watermelon administration to shut this down?
Posted by: Alan Cramer   2011-02-10 13:28  

#1  No question mark needed.

The number of wells drilled is about double what it was three years ago and production (now over 300k barrels/day) is about triple what it was then.

New wells need to be drilled frequently since production from a given well decreases sharply after a year or so.

Lots of detail available from the State Dept of Mineral Resources.
Posted by: Lord Garth   2011-02-10 13:07  

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