Mostly good news…not great news.
That’s how North Dakota Mineral Resources Director Lynn Helms characterized the July oil production numbers.
"Oil production was up 15,000 barrels a day in July," Helms said at his monthly "Director's Cut" briefing. "That's about 1.4 percent."
Helms said natural gas production was up at about the same pace.
"They're not huge jumps, but very positive," Helms said.
Helms says production is about 5 percent over forecast -- and that should offset some of the current prices, that are lagging behind forecast.