May 22, 2015 

 
In This Issue
Declining rig count leveling off...:
'Pick Up The Patch'
New North Dakota oil tax law...
Researching the Bakken:
Oil production up in March...
NYMEX - U.S...
Watch...
DSU hots workshop on small business in the Bakken...
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Declining rig count leveling off

 

State and industry officials believe North Dakota's decline in rigs operating in the state is nearing its low point barring any additional surprises or regulatory issues that could pinch the industry further.

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'Pick Up The Patch' sees less trash

 

Companies from around Tioga headed out along highways last week to help beautify the oil patch.
  
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New North Dakota oil tax law may threaten revenue-sharing accord with Three Affiliated Tribes

A North Dakota oil tax revenue sharing agreement with an American Indian reservation that covers nearly a third of the state's oil production may be threatened by a new state law that shaves the overall oil tax rate following the fall in crude prices.

Researching the Bakken: Academic gathering highlights Bakken's social, economic trends

Subjects such as resident attitudes toward hydraulic fracking and the labor market impacts of energy boom-and-bust cycles were the focus of Dickinson State University's Bakken Researchers Convening, which began Monday at the Strom Center.

Oil production up in March, flaring remains flat
 
Oil production increased by more than 12,500 barrels per day in March, surprising the state's top oil and gas industry regulator who had previously guessed the state would see a production decline until the summer months.

 

NYMEX-U.S. crude oil prices dip on surprise North Dakota output jump

May 14 Oil prices fell on Thursday morning after major U.S. oil producing state North Dakota posted a surprising output hike and ongoing high stocks were expected to weigh on import and production demand.

Watch:  ABC premieres trailer for Bakken-based TV drama 'Oil'

The Bakken is soon to become the setting for a TV drama.

DSU hosts workshop on small business in the Bakken
There's an art to business, especially in the Bakken.