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Night view of H&P drilling the Bakken. The North Dakota oil boom was the period of rapidly expanding oil extraction from the Bakken Formation in the state of North Dakota that lasted from the discovery of the Parshall Oil Field in 2006, and peaked in 2012, [1] [2] but with substantially less growth noted since 2015 due to a global decline in oil prices.
Between the years of 2009 and 2013, there were more than 9,000 injury claims related to the oil and gas industry filed with North Dakota's Workforce Safety & Insurance Agency. Between 2011 and 2015, at least 40 workers died as a result of their industries in North Dakota's oil and gas fields. [67]
Due to the tremendous demand for labor, the working population in the 12-county Bakken region - which encompasses nine counties in North Dakota and three in Montana - has ballooned to more than ...
Watford City (Hidatsa: abaʔaruʔush), [6] founded in 1914, is a city in and the county seat of McKenzie County, North Dakota, United States. [7] The population was 6,207 at the 2020 census, [3] making it the 13th most populous city in North Dakota. Because Watford City is part of the Bakken field, the North Dakota oil boom has significantly ...
No doubt the Bakken has become a game-changer for U.S. energy production. But while the North Dakota oil boom gets referenced a lot, you may not know what's going on. Here are ten charts that tell ...
North Dakota's oil and gas production hit a new all-time high this past May according to recently released data from North Dakota's Industrial Commission. Preliminary estimates indicate that oil ...
The basin did not become a major oil province until the 1950s when large fields were discovered in North Dakota. Amerada Corporation began the search in 1946. After four years of testing and mapping they started drilling at a promising lease 30 miles north-east of Williston, North Dakota , and on April 4, 1951, discovered oil on the Nesson ...
It's hard to argue the fact that Bakken has become a game-changer for U.S. oil production. While it was discovered in the 1950s the play wasn't economically viable until more recently. Since ...