Bakken Shale Production Growth Will be Constrained by Flaring Restrictions and Infrastructure Bottlenecks

There is considerable potential to raise the crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of oil per day (mmbd) to at least 2 mmbd. However, flaring regulations and infrastructure bottlenecks in North Dakota are limiting production growth, according to GlobalData,…