February 14, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Northern Oil and Gas Resources (NOG) (NYSE:NOG) (Minneapolis, Minnesota) said total production was up last year, lifted largely by crude oil, though spending plans this year could be geared toward shale natural gas.
NOG said its oil production was around 78,000 barrels of oil equivalent per day (Boe/d), an 11% increase from the third quarter. The company said that production last year was disrupted by wildfires that tore through the Rocky Mountain range, impacting its operations in the North Dakota shale patch.
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