ND oil drilling more efficient but costlier

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BISMARCK, N.D. (AP) — North Dakota’s top oil regulator says the state’s booming oil patch has about 35,000 wells yet to be drilled and companies increasingly are making inroads with speedier but more costly technology.

State Department of Mineral Resources director Lynn Helms says drillers are finishing wells at a rate of eight daily. That’s up from about one a day just five years ago

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