North Dakota oil companies are likely to increase their production modestly this year, the director of the state’s Department of Mineral Resources, Lynn Helms said this week, citing industry executives. According to these, production should grow by between 10,000 barrels daily and 30,000 bpd, local media reported. “We should see one more drilling rig, maybe two more drilling rigs, in 2024. Somewhere between 10,000, 15,000, maybe twice that much in terms of oil production, so we should hit that 1.3 million barrel a day number,”…
