August 13, 2014

 
In This Issue
Stark County has second-most oil jobs...
Dickinson planning development on 6,100 acres...
Fracking stocks bringing high returns to investors...
Hoeven hopes to Crack Down on Drug Crimes in Oil County...
Another gas processing plant planned...
1 in 7 private sector jobs tied to oil, gas:
ND economic growth brings more deposits, diversification away from ag...
N.D. oil regulators, execs complain Bakken crude unfairly singled out...
Calumet says Dickinson diesel refinery rampup to take 3 months...
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Stark County has second-most oil jobs

Stark County isn't in the highest ranks of oil-producing counties, but it is for oil-related jobs.


Dickinson planning development on 6,100 acres


City officials are getting ready to study how to use approximately 6,100 acres of land west of Dickinson.

Fracking stocks bringing high returns to investors

  

Companies that provide hydraulic fracturing technologies and other services in the North Dakota oil patch and elsewhere aren't the only ones making money. People who invest in them are also having a good year.  

 

 

For more information 

Hoeven Hopes to Crack Down on Drug Crimes in Oil County

Sen. John Hoeven spoke with drug enforcement chief, Michelle Leonhart this week to secure more support and assistance for western North Dakota's drug enforcement effort.

Another gas processing plant planned 

  

The largest natural gas company operating in western North Dakota has announced another major processing plant project that will equal the size of the largest it has planned for construction in the state.

  

1 in 7 private sector jobs tied to oil, gas: Industry accounts for 28.5 percent of wages; data could affect formula for sharing oil tax revenue on local level
North Dakota's thriving oil and gas industry accounts for nearly one in seven private-sector jobs covered by unemployment insurance, according to data that could have a big impact on how tax revenue flows to oil-impacted cities, counties and school districts.

ND economic growth brings more deposits, diversification away from ag  

It's no secret that North Dakota has been experiencing rapid growth since the Bakken oil boom began about eight years ago.


For more information
N.D. oil regulators, execs complain Bakken crude unfairly singled out


North Dakota oil regulators and industry officials expressed bewilderment Wednesday over why a federal agency has singled out Bakken crude oil as more volatile than other U.S. crudes when an industry analysis yielded data similar to a government study but deemed the oil as safe as other crudes.


For more information
Calumet says Dickinson diesel refinery rampup to take 3 months

A new 20,000 barrels-per-day diesel refinery in Dickinson will begin commissioning in the fourth quarter, but it will take up to three months to ramp up to its full capacity, Calumet Specialty Products Partners Chief Operating Officer Jennifer Straumins told analysts on Wednesday.

The Dakota Prairie Refinery will yield about 8,000 bpd of diesel fuel and 6,000 bpd of atmospheric tower bottoms, or refining leftovers from diesel processing. The rest will be naphtha to sell as diluent for Canadian heavy crude, she said during the company's quarterly earnings call.

 

The plant, which will uses Bakken and Three Forks crude oil, is a joint venture with MDU Resources.

 

Source:  The Dickinson Press