Weekly Energy News | North Dakota Business Watch

Business news and information for the North Dakota region

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Oil industry doubled

Oil industry doubled

February 3, 2009

By JAMES MacPHERSON Associated Press Writer BISMARCK, N.D. (AP) — North Dakota’s oil industry doubled in size dollarwise between 2005 and 2007, overshadowing wheat production in the state, a new study says. The North Dakota State University study puts the value of oil production, exploration, refining and other activity at a total of $8.2 billion [...]

Oil industry doubled
Weekly Energy News

Weekly Energy News

Number of active oil rigs drops by 21 HOUSTON (AP) — The number of rigs actively exploring for oil and natural gas in the United States dropped by 21 this week to 1,568. Of the rigs running nationwide, 1,235 were exploring for natural gas and 324 for oil. The report comes from Houston-based Baker Hughes [...]

Dorgan wants deposit below Bakken studied

Dorgan wants deposit below Bakken studied

By JAMES MacPHERSON Associated Press Writer BISMARCK, N.D. (AP) — Government scientists should try to find out how much crude can be recovered from a promising reservoir beneath North Dakota’s already prolific oil patch, Sen. Byron Dorgan says. The U.S. Geological Survey says a study now would be premature. The Three Forks-Sanish formation is made [...]

Tests for oil planned near turtle mountains

Tests for oil planned near turtle mountains

MINOT, N.D. (AP) — An area near the Turtle Mountains in Bottineau County may be the next oil hot spot, the state’s mineral resources director says. Lynn Helms said tests are planned in the next few months. “We’re going to run some tests in some wells this winter and over this next year. We think [...]


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