Kemp: Bakken oil producers need $55/b to maintain production

10 January 2015, London - North Dakota needs an oil price of around $55 per barrel at the wellhead and a fleet of about 140 rigs to sustain production at the current level of 1.2 million barrels per day, the U.S. state’s chief regulator told legislators on Thursday. Department of Mineral Resources Director Lynn Helms […] More »