Oil wealth. Link here. WTI: $110.
Legacy Fund deposits. Link here.
Here is the graphic with no notations:
Bakken formation reaches maturity. Link here. Archived. Key paragraphs:
Formation maturity is defined in the report as having a majority of operators dedicated to producing their acreage on a consistent and steady pace — but with the added caveat that foreseeable radical growth in production is "less than likely."
A typical Bakken oil well is expected to produce more than 30 years worth of oil, however, favorable economic conditions, enhanced oil recovery efforts and other factors can, and often do, extend the life of a well.
There are two oil refineries in North Dakota, one in Mandan and the one in Dickinson.
Marathon Oil Corporation processes Williston Basin crude oil into gasoline, diesel, jet fuel, heavy fuel oils and liquefied petroleum gas. Marathon purchased its Dickinson Refinery in 2018 from Andeavor. The refinery was the first greenfield diesel refinery to be built in the United States since the late 1970s, and has been online since May 2015.
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