The North Dakota Petroleum Council (NDPC) and the Western Dakota Energy Association (WDEA) this week released the results of a North Dakota oil and gas tax revenue study they jointly sponsored. The purpose of the study was to review the oil and gas extraction and gross production tax collections by the state of North Dakota, from 2008-2018, and to detail where and how that funding has been used. The study breaks down the revenue distribution by the programs and political subdivisions receiving the funds and tracks how the revenues have been used through different state funds and distributions authorized by the legislature.

From 2008-2018, oil and gas extraction and production taxes have raised almost $18 billion for the state, which accounts for almost 44 percent of total tax revenues collected by the state during that period. Over the last five years alone, oil and gas extraction and production taxes accounted for more than 50 percent of all tax revenues collected by the state. “We thought it was important to compile this data and push this information out to the public,” said Ron Ness, President of NDPC. “We hope it is useful to our state legislators currently considering the state budget and spending levels for the next biennium.”

“The oil industry benefits the entire state, not just the west,” said Geoff Simon, Executive Director of WDEA. “We are excited to share this information, so people have a clear picture of how their government services are being funded.”

“We appreciate the efforts of the NDPC and WDEA in compiling this information,” said Rich Wardner, ND Senate Majority Leader. “During the legislative session, as we debate tax and spending bills, this information will be critical in ensuring lawmakers have a full understanding of where tax revenues are coming from and where they are being spent.”

This report is a compilation of publicly available tax collection data conducted by Brent Bogar of Jadestone Consulting. Copies of this report have been delivered to all state legislators and it will be made available on the WDEA website at taxstudy.ndenergy.org.

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Media Contacts:

Kristen Hamman
Director of Communications
North Dakota Petroleum Council
T. 701.223.6380

Tim Rasmussen
Director of Communications
Western Dakota Energy Association
T. 701.527.9003

About the North Dakota Petroleum Council
Since 1952, the Petroleum Council has been the primary voice of the oil and gas industry in North Dakota. The Petroleum Council represents more than 500 companies involved in all aspects of the oil and gas industry, including oil and gas production, refining, pipeline, mineral leasing, consulting, legal work, and oil field service activities in North Dakota, South Dakota, and the Rocky Mountain Region. For more information, go to www.ndoil.org.

About the Western Dakota Energy Association
The Western Dakota Energy Association is a membership organization comprised of the counties, cities and school districts in the oil and coal-producing regions of North Dakota. WDEA supports sustainable energy development and responsible revenue sharing for its members, and promotes the greater good of North Dakota. For more information, go to www.ndenergy.org.

Bismarck, N.D. – The North Dakota Petroleum Council (NDPC) is now taking applications for its Al Golden Scholarship program for the 2018-2019 school year. The NDPC will award nine $2,000 scholarships to students pursuing degrees or training in an energy-related field.

“Workforce recruitment continues to be a huge challenge for the industry, but a tremendous opportunity for North Dakota’s young people,” said Ron Ness, president of the NDPC. “Today’s energy industry offers skilled workers and young professionals numerous opportunities for upward mobility and excellent salaries and benefits. This scholarship was created to help them get the education and training they need to become a part of this vital and important workforce.”

Al Golden Scholars are selected based on academic achievement, work or internship experience in the oil and natural gas industry or a demonstrated commitment to a qualified area of study. Students must be attending a North Dakota college or university and remain a full-time student for the Fall Semester of 2018 and Spring Semester of 2019.

Applications must be submitted or postmarked by June 1, 2018. For qualifications and application requirements for the Al Golden Scholarship, visit www.EnergyOfNorthDakota.com/Al-Golden-Scholarship/.

About the Al Golden Memorial Scholarship Fund: The Al Golden Memorial Scholarship Fund is named after North Dakota oil pioneer and the first member of the NDPC’s Hall of Fame, Al Golden. The scholarship is funded by individual and company contributions, as well as proceeds from the Williston Basin Petroleum Conference. Since 2008, the program has awarded more than $60,000 students pursuing a post-secondary education in energy-related fields.

About the North Dakota Petroleum Council
Since 1952, the Petroleum Council has been the primary voice of the oil and gas industry in North Dakota. The Petroleum Council represents more than 500 companies involved in all aspects of the oil and gas industry, including oil and gas production, refining, pipeline, mineral leasing, consulting, legal work, and oil field service activities in North Dakota, South Dakota, and the Rocky Mountain Region. For more information, go to www.ndoil.org.

Thursday, January 25, 2018 – 8:30am

BISMARCK, N.D. – Gov. Doug Burgum welcomed news today that Hess Midstream Partners and Targa Resources will build a $150 million gas processing plant near Watford City, as North Dakota produces record volumes of natural gas and approaches record high oil production.

The Little Missouri Four gas plant will process 200 million cubic feet of gas per day at Targa’s existing Little Missouri facility in McKenzie County, Hess announced. Completion is expected in the fourth quarter of this year.

Natural gas production in North Dakota reached a record of nearly 2.1 billion cubic feet per day in November 2017, while daily oil production hit 1.19 million barrels per day, approaching the record high of 1.23 million barrels per day set in December 2014.

“We are thrilled to welcome Hess’ significant investment, which underscores the company’s longstanding presence in North Dakota and commitment to our state,” Burgum said. “This processing plant will provide much-needed capacity at a time when North Dakota’s oil production nears record levels and associated natural gas production continues to climb. It’s a huge step in the right direction toward continuing to meet our flaring reduction goals and encouraging responsible energy development and infrastructure investment.”

In addition to the anticipated $150 million in constructions costs for the gas plant, Hess Midstream and Hess Infrastructure Partners LP will invest approximately $100 million for new pipeline infrastructure to gather gas for Little Missouri Four, Hess said.

During his State of the State Address on Tuesday, Burgum said work is needed at the state and federal levels – including streamlining the burdensome process for siting pipelines on federal and tribal lands – to capture the increasing volume of natural gas as oil production grows.

“Bakken gas production has grown at a rate twice as fast as oil production in the last four years,” Burgum said. “Additional private-sector capital investment for gas capture and value-added processing is exactly what we need to simultaneously grow our economy and protect our environment.”

SOURCE: https://www.governor.nd.gov/news/burgum-welcomes-hess-and-targa%E2%80%99s-investment-150m-gas-processing-plant-efforts-reduce-flaring

 

BISMARCK, N.D. – Facebook Founder and CEO Mark Zuckerberg visited the Bakken yesterday and had the opportunity to tour an oil rig near Williston, N.D. During the two hour tour, Zuckerberg visited with oil and gas employees and learned about the industry’s advancements in technology, safety and opportunity.

“It was a tremendous opportunity and a lot of fun to provide a Bakken drilling rig tour for Mark Zuckerberg as part of his visit America tour,” said Ron Ness, President of the North Dakota Petroleum Council. “He had more questions than we had time in our two hours at the rig, and he took the time to meet and visit with many of the employees and learn about their jobs and experiences in North Dakota.”

The tour was organized by the North Dakota Petroleum Council with help from Statoil, Nabors Drilling and Neset Consulting Service as part of Zuckerberg’s plan to visit all 50 states. During the tour, Zuckerberg had a candid conversation with rig crew members about working in the industry, how the industry in North Dakota has afforded them opportunity they could not find at home, as well as how safety has grown tremendously along with technological advancement to enhance rather than replace their jobs.

“Regardless of your views on energy, I think you’ll find the community around this fascinating,” Zuckerberg wrote in a Facebook post early Wednesday morning. “Many people I talked to here acknowledged (climate change), but also feel a sense of pride that their work contributes to serving real needs we all have every day – keeping our homes warm, getting to work, feeding us and more.”

“This was an amazing opportunity to share information with a technology leader,” said Ness. “He now had a much broader grasp of our industry.”

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About the North Dakota Petroleum Council
Since 1952, the Petroleum Council has been the primary voice of the oil and gas industry in North Dakota. The Petroleum Council represents more than 500 companies involved in all aspects of the oil and gas industry, including oil and gas production, refining, pipeline, mineral leasing, consulting, legal work, and oil field service activities in North Dakota, South Dakota, and the Rocky Mountain Region. For more information, go to www.ndoil.org.

Media Contact: Tessa Sandstrom, Communications Manager  |  ND Petroleum Council
701.223.6380, tsandstrom@ndoil.org

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We are looking for an Advertising Sales Rep to join our established family-run business (note: we are fun!). A personable, self-starter, proficient with technology who is outgoing, efficient and AWESOME! Our company culture is based on living a BALANCED LIFE.  Work hard. Play Hard!  We know happy people are more successful in their jobs.

  • Now Hiring: Advertising Sales for Solid National Publication >> We’ve been publishing since May 2012. (NOTE: We have a solid clientele and guess what? People like us 😉
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Please, take a look at our past issues online to familiarize yourself with our National Pub. https://bakkenoilbiz.com/digital-journal/

WEBSITE: https://bakkenoilbiz.com/
FACEBOOK: https://www.facebook.com/BakkenOilBusinessJournal
TWITTER: https://twitter.com/BakkenOilBiz
LINKEDIN: http://www.linkedin.com/in/maryedwardsinmontana

 

Bismarck, N.D. – The failure of the repeal of the Bureau of Land Management’s (BLM) final rules regarding methane emissions on federal and tribal lands is an affront to North Dakota and state primacy, says North Dakota Petroleum Council President Ron Ness.

“The industry supports the goals of capturing greater quantities of associated gas and reducing waste but this duplicative and unnecessary rule comes at an enormous cost to the state’s economy, tax revenues and private mineral owners.

“We are extremely disappointed in Senator Heitkamp’s decision today to vote against the repeal of this rule. Hundreds of energy employees and numerous businesses, chambers of commerce and trade associations wrote to express concern for the rule. Despite this, Senator Heitkamp has chosen to stand with the environmental activists and the Democratic party in Washington rather than the oil and gas workers and people of North Dakota.

“This rule will provide no environmental benefits, will only increase costs for state and federal governments and the industry, and will further burden already overtaxed federal employees and dilute their ability to perform essential duties. Instead, Senator Heitkamp could have been the deciding vote that would have allowed the BLM and other federal agencies to make a larger, more immediate impact on reducing flaring and venting by focusing on fixing permitting, infrastructure and pipeline delays.

“Just yesterday, Senator Heitkamp applauded the U.S. Environmental Protection Agency’s decision to grant the state primacy and regulatory authority over CO2 injection wells and the certainty it would bring for North Dakota energy. Her decision today is a complete reversal of that stance. North Dakota already has some of the most comprehensive regulations addressing flaring and waste in the nation. Over the past two years, North Dakota has adopted a series of strict gas capture targets. At the same time, the industry has voluntarily made huge strides in natural gas capture by investing more than $13 billion in natural gas infrastructure since 2006. As a result, flaring has declined by more than 54 percent in just three years even as natural gas production has increased. This progress will only be threatened by the continued uncertainty and bureaucratic red tape brought on by the BLM rule, discouraging innovation and complicating the process for approving infrastructure that will ultimately ensure the capture of more of our valuable natural gas resources.

“We are grateful for Senator Hoeven and Congressman Cramer’s hard work and support for North Dakota Energy and energy workers. We look forward to working with them to pursue other avenues of rescinding this detrimental rule.”

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About the North Dakota Petroleum Council
Since 1952, the Petroleum Council has been the primary voice of the oil and gas industry in North Dakota. The Petroleum Council represents more than 500 companies involved in all aspects of the oil and gas industry, including oil and gas production, refining, pipeline, mineral leasing, consulting, legal work, and oil field service activities in North Dakota, South Dakota, and the Rocky Mountain Region. For more information, go to www.ndoil.org.

Media Contact:
TESSA SANDSTROM
Director of Communications, NDPC
T. 701.223.6380
EnergyOfNorthDakota.com | NDOil.org

XTO accepting applications for Give Back to the Bakken grant program

XTO Energy is dedicated to supporting the communities where we operate – where our employees live, work and volunteer. The communities located in the Bakken formation area – eastern Montana and western North Dakota – have welcomed XTO Energy. To show our appreciation, we want to Give Back to the Bakken.

A few days remain for nonprofit organizations in Montana and North Dakota to apply for two $25,000 grants from XTO Energy.

The grants, says XTO Energy, is a show of appreciation for the communities in eastern Montana and western North Dakota who have welcomed the company and its employees into their communities.

The two grants will be awarded to organizations that are meeting a demonstrated need for communities in the Bakken. Grant requests are due on October 31.

Click here for application guidelines and more information.

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(Photo courtesy of State Historical Society of North Dakota, William E. (Bill) Shemorry Photograph Collection)

April marks 65 years since North Dakota first became an oil producing state. Although there have been ups and downs, the industry continues today and is among the top oil producers in the world.  And it all started with the Clarence Iverson #1.

According to Clarence Herz, legend had it that when a landman approached a North Dakota wheat farmer about leasing his mineral rights for oil exploration he said he’d be glad to sign a lease and quipped, “I’ll drink all the oil you get in North Dakota.”

Herz continues:
On April 4th, 1951, North Dakota, after unsuccessfully exploring for 34 years, became the 27th state to produce petroleum.  The discovery well, Amerada Petroleum’s Clarence Iverson #1, produced nearly 250 barrels of oil per day.  It was North Dakota’s only producing well in 1951, as the other 9 attempts, all outside of the Williston Basin, were dry holes. The other nine wells, none of which were drilled by Amerada, were in Cavalier (4), Grand Forks, Morton, Pembina, Pierce, and Stutsman counties.

Click here to continue reading the history of North Dakota’s first well.

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19th Annual Dickinson API Gumbo Cookoff – hosted by Dickinson API Chapter
18 teams will square off for best gumbo. Prizes, raffles, live music, dancing and more!
When:          Saturday, February 20
11:00 a.m.   Teams start cooking; public is welcome to attend and watch;
6:30 p.m.     Gumbo tasting starts until gone
8:30 p.m.     Live Music and dance with EZ Street Band
Where:         Quality Inn & Suites, Dickinson, ND
More Info:    http://apidickinson.org/event/api-gumbo-cookoff/?instance_id=30

4th Annual Bakken BBQ
Industry teams join forces to BBQ for Make-a-Wish Foundation!
When:          June 17, 2016
Where:         West River Ice Rink
More Info:   https://www.facebook.com/BBQ4Cause/?fref=ts

North Dakota Oil Can! Teacher Seminar
Teachers are invited to attend a seminar to learn the ins and outs of the oil industry, tour a well site and other facilities, and take lesson plans back to their classrooms all while earning continuing educatoin credits.
When:         June 20-23, 2016
Where:        Bismarck, ND
More info:  The seminar is limited to just 50 teachers, but there are still spots available. Learn more and apply at http://www.ndoil.org/events/teacher_education/.

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Registration for the North Dakota Petroleum Council’s (NDPC) 34th Annual Meeting to be held in Fargo, N.D., on Sept. 21-23, 2015 will open July 8. The Annual Meeting will include presentations from several industry leaders and key decision makers who will focus on the biggest issues and challenges facing the oil and gas industry today.

In addition to the Annual Meeting, the NDPC will co-host an informational seminar, “Drilling Bits and Coding Bytes” that will be free and open the public. The seminar will focus on the technological advances and contributions that Fargo-area businesses are making to enhance the petroleum industry. A Bakken Basics Information Session will also be held for those wishing to learn more about oil and gas development from industry experts.

“We are excited to be in Fargo this year for our annual meeting,” said Ron Ness, president for the NDPC. “The opportunities extend far beyond the Bakken, into the Red River Valley and across state borders. There are tremendous opportunities for entrepreneurs to find their niche and help mold a modern, technology-driven oilfield. There’s no better place that proves that better than Fargo, which is home to world-class technology and research facilities.”

“We are so excited and proud to be hosting our first North Dakota Petroleum event in Fargo,” said Jill Halvorson with the Fargo-Moorhead Convention & Visitors Bureau. “It is an honor to be able to show off what we love about Fargo to a group that is coming from all across our great state. We will be pulling out all the stops to make sure that when they leave on Sept. 23, the question will be ‘When can we come back?’”

The information sessions and seminar will be held Monday, Sept. 21 in the Fargo Theater in Downtown Fargo and are free to attend.

The NDPC Annual Meeting will be held at the Ramada Plaza Suites on Sept. 22 and 23. Registration for NDPC members is $300 and $600 for nonmembers. For registration and more information about the meeting, including a full list of hotels in Fargo, dining, flights, and the most up-to-date agenda, visit https://annualmeeting.risprojects.org/Default.aspx.

Media wishing to register for the annual meeting may request media credentials from Tessa Sandstrom at 701-557-7744 or tsandstrom@ndoil.org.
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Since 1952, the Petroleum Council has been the primary voice of the oil and gas industry in North Dakota. The Petroleum Council represents more than 525 companies involved in all aspects of the oil and gas industry, including oil and gas production, refining, pipeline, mineral leasing, consulting, legal work, and oil field service activities in North Dakota, South Dakota, and the Rocky Mountain Region. For more information, go to www.ndoil.org.

Media Contact:
Tessa Sandstrom | Communications Manager, ND Petroleum Council | 701.223.6380 | tsandstrom@ndoil.org

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