Sept 12 (Reuters) – North Dakota’s daily oil production
jumped 5 percent in July to an all-time high, though the number
was lower than expected as producers worked to meet aggressive
flaring-reduction targets, state regulators said on Friday.
The production numbers, which have been steadily rising for
years, highlight the massive investments Hess Corp,
Whiting Petroleum Corp and other companies are making to
develop the state’s oil-rich Bakken and Three Forks shale
formations and others.