North Dakota oil production slightly down; rig count back to April 2010 level due to prices

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BISMARCK, North Dakota — North Dakota's oil production slipped 3 percent in January from record production set a month earlier.

Mineral Resources Director Lynn Helms says the slide to about 1.2 million barrels daily was largely due to sagging oil prices.

He says falling oil prices also forced the drilling rig count down again, from 160 in January to 133 in February.

Helms says Thursday's rig count of 111 is the lowest in nearly five years, down 49 percent from the high of 218 in May 2012.

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