Bakken producers desperate to shut in wells until crude oil price recovers

Bakken Producers Desperate to Shut-in Wells Until Crude Oil Price Recovers

EisnerAmper

Bakken production is expected to fall through 2020, however, it will remain above 1million barrels of oil equivalent per day (mmboed) at the end of this year, according to GlobalData a leading data and analytics company. Rig count has declined steeply since early 2020 and was further aggravated by the…

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