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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.
The Parshall Oil Field is an oil field producing from the Bakken Formation and Three Forks Formation near the town of Parshall, in Mountrail County, North Dakota. The field is in the Williston Basin. The field was discovered in 2006 by Michael Johnson and sold the play to EOG Resources, which drilled, and now operates, most of the wells. [1]
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]
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 ...
WILLISTON, N.D. (AP) -- President Theodore Roosevelt once came to North Dakota's Badlands to find solitude and solace amid the area's "desolate, grim beauty." But Roosevelt's Dakota is barely ...
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 ...
Parshall is, perhaps, best known nationally for its namesake Parshall Oil Field, which surrounds the town. The 2006 discovery of the Parshall Field started the North Dakota oil boom. [14] Aspects of the oil boom near Parshall were presented in the series Boomtown on Discovery Communications cable channel Planet Green.
This article was written by Oilprice.com -- the leading provider of energy news in the world. Also check out this recent article: Forget North Dakota, Texas is No. 1 for Oil A new survey from ...