North Dakota's record oil growth to be upended by flaring rules

On today's Platts Capitol Crude, Lynn Helms, director of the North Dakota Department of Mineral Resources, says Bakken oil output will continue to break records into 2020, but enforcement of gas capture rules will hinder growth, potentially for years. Helms, North Dakota's top oil and gas regulator, talks about why state regulators can no longer allow operators to exceed flaring limits and what is preventing growth of gas capture capacity in the state. Sami Yahya, a senior energy analyst with S&P Global Platts Analytics, also stops by to talk about the path forward for Bakken output, breakeven prices, the state of well efficiency in North Dakota and why flaring rules will be a major challenge for the shale play.