Crude oil production in North Dakota could peak over the next five years as producers will have drilled up the core production areas and will have to move to less prolific corners of the oil patch, North Dakota’s Mineral Resources Director Lynn Helms told state lawmakers. Exploration and production companies will finish drilling the core areas in North Dakota’s oil patch in the next two to five years, Helms said at a meeting of the interim Government Finance Committee. “At that point, say five years from now, the drilling has…
