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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]
The Sandpiper pipeline was a proposed 616-mile-long (991 km) underground oil pipeline project in the United States. It would have carried light crude oil from the Bakken oil fields in Northwest North Dakota, through Minnesota, to Superior, Wisconsin.
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The North Dakota Pipeline Company (NDPL) system is a 950-mile (1530 km) crude oil pipeline system that collects oil from fields in the Williston Basin in Montana and North Dakota transports it eastward to other pipeline systems that carry oil to refineries in the Midwest.
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According to the North Dakota Department of Mineral Resources, the state produced 1,162,071 barrels of oil per day and 2,116,294 thousand cubic feet per day of associated gas in March.
Bakken Oil Field: United States, North Dakota: 1951 7.3 [38] Yates Oil Field: United States, Texas: 1926 1926 1929 3.0 (2.0 billion recovered; 1.0 reserve remaining) [39] [40] Kuparuk oil field: United States, Alaska: 1969 6 Alpine, Alaska: United States, Alaska: 1994 2000 2005 0.4–1 0.05 East Texas Oil Field: United States, Texas: 1930 6 ...