How long will drilling last in North Dakota? The oil industry and residents get a look at the long term potential...
Drilling for oil in North Dakota will last nearly two decades -- at least.
Director of North Dakota's Department of Mineral Resources, Lynn Helms, says he believes there is 10-14 Billion barrels of oil that is recoverable in the state. The USGS is conducting another study to come up with an updated number of their own. Helms says there's enough oil to keep drilling companies busy for 16 years -- and that number is conservative. Factors like a drop in oil prices could reduce the rig count in the state and extending the drilling time to around 20 years. (Lynn Helms / ND Dir. Mineral Resources) "If first and second bench Three Forks are productive, which they have been proven productive, it would take enough wells to keep a rig fleet of 225 busy for 16 years to fully develop middle Bakken and first and second bench of the Three Forks."
There are 211 rigs drilling in the state today. Helms says he expects drilling companies will reach the 225 rig count by the end of this year.
Saturday, May 25 2013 11:45 PM EDT2013-05-26 03:45:01 GMT
2012 marked 200 years of peace between Canada and the US. In honor of this, the International Peace Garden decided to replicate the "Hands of Peace" sculpture that deteriorated years ago. In 1975, the
2012 marked 200 years of peace between Canada and the US. In honor of this, the International Peace Garden decided to replicate the "Hands of Peace" sculpture that deteriorated years ago. In 1975, the
Saturday, May 25 2013 11:43 PM EDT2013-05-26 03:43:34 GMT
After six months of training, Williston resident Mark Amondson took on what was supposed to be the race of a lifetime on April 15, 2013. Shortly after crossing the finish line, the experience changed
After six months of training, Williston resident Mark Amondson took on what was supposed to be the race of a lifetime on April 15, 2013. Shortly after crossing the finish line, the experience changed
Saturday, May 25 2013 11:41 PM EDT2013-05-26 03:41:53 GMT
Time for tonight's Student Spotlight, we're in Medicine Lake, Montana to meet Emerson Engstrom. (Emerson Engstrom, Medicine Lake Graduate) "I like the school and attending here because it's small and
Time for tonight's Student Spotlight, we're in Medicine Lake, Montana to meet Emerson Engstrom. (Emerson Engstrom, Medicine Lake Graduate) "I like the school and attending here because it's small and
Earlier this year, Melanie and Shannon Lennie of Mandan started North Dakota's first support group for families affected by Tourette Syndrome. In this interview from KX News at 5:00 with Marci Narum, Melanie
Earlier this year, Melanie and Shannon Lennie of Mandan started North Dakota's first support group for families affected by Tourette Syndrome. In this interview from KX News at 5:00 with Marci Narum, Melanie
Friday, May 24 2013 6:23 PM EDT2013-05-24 22:23:00 GMT
45 acres of well manicured lawn. Due to the rain, Rosehill Memorial Park staff had little more than two days to prepare for this year's Memorial Day celebration. Jennifer Thorgramson tells us how the
45 acres of well manicured lawn. Due to the rain, Rosehill Memorial Park staff had little more than two days to prepare for this year's Memorial Day celebration. Jennifer Thorgramson tells us how the
Saturday, May 25 2013 8:01 PM EDT2013-05-26 00:01:02 GMT
It's for a serious cause, but the approach is anything but. Organizers refer to it as "the wackiest golf tournament in town." Everybody wears pink and golfs -- sort of. The Volkowitsch Golf Open kicks
It's for a serious cause, but the approach is anything but. Organizers refer to it as "the wackiest golf tournament in town." Everybody wears pink and golfs -- sort of. The Volkowitsch Golf Open kicks
Saturday, May 25 2013 7:57 PM EDT2013-05-25 23:57:57 GMT
Protestors rally nationwide against food giant Monsanto. They say the company's genetically-modified foods -- or GMOs -- can lead to serious health issues. Earlier this year, a 2013 appropriations
Protestors rally nationwide against food giant Monsanto. They say the company's genetically-modified foods -- or GMOs -- can lead to serious health issues. Earlier this year, a 2013 appropriations
Saturday, May 25 2013 7:49 PM EDT2013-05-25 23:49:41 GMT
A sea of pink and blue flags are on display at the State Capitol -- 66,000 flags in all. Volunteers say 66,000 is an important number representing roughly ten percent of North Dakota's population. They
A sea of pink and blue flags are on display at the State Capitol -- 66,000 flags in all. Volunteers say 66,000 is an important number representing roughly ten percent of North Dakota's population. They
Friday, May 24 2013 7:01 PM EDT2013-05-24 23:01:01 GMT
It's a bittersweet time for children anxious for Summer, when they also know they're leaving behind their elementary school -- for good. Today is the last day of school for these kids -- and the last
It's a bittersweet time for children anxious for Summer, when they also know they're leaving behind their elementary school -- for good. Today is the last day of school for these kids -- and the last
Friday, May 24 2013 6:57 PM EDT2013-05-24 22:57:59 GMT
Mandan's getting pizza and Bismarck has new glasses. This and more in today's "Around Town." In just a few weeks, Little Caesars will break ground at Sixth and Third in Mandan -- right next to Spirit
Mandan's getting pizza and Bismarck has new glasses. This and more in today's "Around Town." In just a few weeks, Little Caesars will break ground at Sixth and Third in Mandan -- right next to Spirit
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