In May 2025, North Dakota’s oil and gas industry faced both opportunities and challenges in the Bakken region. While oil production remained above revenue forecasts, lower oil prices led to concerns about future activity.
Production from the Bakken shale in the Williston Basin grew rapidly in the last decade, with horizontal drilling and fracking techniques pioneered by a number of operators.
January’s oil production saw a slight dip, North Dakota’s energy sector appears to be maintaining a steady course, according to the latest Director’s Cut meeting from the Department of Mineral Resources (DMR).
Have you ever heard of the “Three Forks Play”? There’s a reservoir that lies in The Bakken shale, that according to researchers contains 250 million barrels of crude that has yet to be untapped. Apparently it’s also not too deep in the ground.
Wildfires in October attributed to a decline in oil and gas production in the state that month, according to the director of the North Dakota Department of Mineral Resources.
North Dakota’s oil production climbed to just under 1.2 million barrels per day in September.
NEW YORK, Oct 15 (Reuters) – Top U.S. oil producer Exxon Mobil Corp (XOM.N), opens new tab plans to sell a portion of its assets in North Dakota’s Bakken shale formation, the company told Reuters on Tuesday.
BISMARCK – North Dakota produced 1.167 million barrels of oil a day in July, down about 1.5% in July but 6% above the revenue forecast, according to the assistant director of the North Dakota Department of Mineral Resources. In June, the state produced 1.186 million barrels of oil a day.
State’s oil and gas industry experienced significant growth in June, with increased production and operational wells being driven by technological advancements and favorable market conditions.