Bakken Pulse · Archive · Monthly issue

March 2018

North Dakota's oil month in March 2018, from the public record.

Written on November 8, 2026, looking back. This issue was not published in March 2018. It is assembled now from today's public records, with what was known later, so that every month since January 2003 has an issue.

The month in numbers

Oil output1,162,097barrels a day1.2% below the month before · 13.3% above a year earlier
Wells reporting oil13,987plus 135 confidential wells whose volumes are withheld
Wells spudded118oil and gas wells, by spud date
Orders signed2828 spacing and 14 pooling actions
Crude price$58.98a barrel, first purchase$44.40 a year earlier
Flared share of reported gas11.8%
Oil output, January 2003 to August 2026; the dot marks March 2018.

Drilling

118 oil and gas wells have a spud date in March 2018 in the state's wells layer of November 6, 2026. By county: McKenzie 52, Williams 28, Dunn 24, Mountrail 12, Renville 2.

Hearings and orders

28 Industrial Commission orders signed in March 2018 are in the project's order index, with 28 spacing and 14 pooling actions on spacing units. Most frequent applicants: NP Resources, LLC (7), Oasis Petroleum North America LLC (6), Liberty Resources Management Co. LLC (4). The facts are machine-extracted from the signed orders and not individually reviewed.

Operators

142 operators filed rows in the March 2018 report. Most wells reported: Continental Resources, Inc. (1,566), Hess Bakken Investments II, LLC (1,519), Whiting Oil and Gas Corporation (1,440), XTO Energy Inc (959), Oasis Petroleum North America LLC (931).

The operator of record changed on 36 wells since their previous report.

A change of operator of record is what the reports show; it does not say why. Sales, mergers, renamed legal entities and new contract operators all look the same. Names are as the reports spell them.

Sources

Not an official record of the State of North Dakota. Not engineering, investment or legal advice. Every figure is in the archive data file.