NORTH DAKOTA ASSOCIATION OF OIL AND GAS PRODUCING COUNTIES
NDAOGPC Newsletter
May 28, 2013
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Derrick well
The North Dakota Association of Oil and Gas Producing Counties (NDAOGPC) would like to make a correction to its article entitled "Western ND County Roads to See Improvements" that was in the May 27, 2013 edition of the NDAOGPC Newsletter. In the piece, it was stated that Burke County stands to receive a portion of the $120 million set for distribution to counties that receive less than $5 million in oil and gas gross production tax (GPT) revenue in the fiscal year ending June 30, 2012.

While this was true in the final version of HB 1358, Sections 32 and 33 of another bill (HB 1015) changed the language of HB 1358 to include Burke County as a county eligible to receive a portion of the $160 million for distribution to counties receiving $5 million or more of GPT revenue. To make this so, the state fiscal year used to determine eligibility was changed from FY 2012 to FY 2013, which ends June 30, 2013.

We apologize for the inconvenience and hope you will continue to rely on the North Dakota Association of Oil and Gas Producing Counties for the most up to date and accurate information that we can provide.
Oil and Gas Stats

ND Petroleum Council Logo WTI Crude: $94.79

Brent Crude: $104.03

Natural Gas: $4.21

ND Rig Count: 187

 

From the ND Petroleum Council's News Clips for May 28, 2013
Please take your time to review all materials and links provided for your convenience.  We will continue to provide you up-to-date information on upcoming events and news happening in North Dakota's oil and gas producing counties!

 

Sincerely,

 

Vicky Steiner
Executive Director

Brady Pelton
Deputy Executive Director

ND Assoc. of Oil & Gas Producing Counties