Outrigger Energy II LLC (“Outrigger”) announced January 7, 2020 that it has entered into a long-term definitive gas gathering and processing agreement with XTO Energy, Inc. (“XTO”) to service XTO’s production in Williams County, ND. The gathering system will comprise a 70-mile, 20- and 24-inch diameter, rich gas pipeline originating…

Enerplus Corporation (TSX & NYSE: ERF) announced yesterday its 2020 exploration and development capital budget of $520 to $570 million and outlook through 2022. “We remain focused on creating value for shareholders through a combination of sustainable, high return production per share growth, free cash flow generation and low financial leverage,” stated Ian C. Dundas,…

By Matthew Todd In addition to its status as one of the nation’s top energy-producing states, North Dakota can claim another important distinction: top reducer of carbon emissions. Based on federal data, reports show “North Dakota outpaced all other states in cutting its carbon intensity despite a five-fold increase in…

The results are in! In 2017, the petroleum industry’s total economic contribution in North Dakota was $32.6 billion, according to a study done by North Dakota State University, sponsored by the North Dakota Petroleum Council (NDPC). The industry supported 51,400 jobs with a total payroll of $3.8 billion, which accounts…

North Dakota ranks number one among all states in the best states for young adults, according to a recent study by MoneyRates.com. The study focuses on where 20- to 24-year-olds have the best shot at thriving in today’s economy. “We are excited about this ranking that acknowledges the many opportunities…

Companies operating throughout North Dakota and in the Bakken region may differ in size, scope and mission, but many of them share one common challenge – recruiting, developing and maintaining a skilled workforce. One effective solution to the challenge has been for organizations to look within themselves and invest in…