Oil Country Barbecue Festival - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Oil Country Barbecue Festival

Posted: Updated:

Bakken's sustainability is a frequent concern voiced to Kathy Neset of Neset Consulting, and she says the answer is easy.

She says that right now, 810 thousand barrels of oil are being produced every day --- and that's only seven percent of the oil available in the Williston Basin.

Neset says that makes it critical to learn even more about the formation and advance technology. Even increasing production by one percent increases revenues and energy independence dramatically.

She says the next step for North Dakota is high density infield drilling - more than one pump per area.

(Kathy Neset, Neset Consulting) "We found out that that one well is no where near developing the oil out of this resource. So in order to get the oil out of the rock, we have to add more laterals down hole, and that is the challenge to the technology. How many laterals are needed? How many different benches do we need to put them into, and we're learning more about that every single day."

As the industry changes, the North Dakota Petroleum Council believes it's important to keep communities informed.

That's one reason for the 5th Annual Bakken Rocks Cookfest today in Powers Lake.

Neset was among oil company booths where the community can visit with those in the industry and have an honest discussion about the future of the Bakken.

The Bakken Rocks Cookfest will be set up in Powers Lake until 8 tonight and will continue in Parshall on Thursday.

  • Minot/Williston NewsMore>>

  • Tribes Host Oil-Gas Summit

    Tribes Host Oil-Gas Summit

    Tuesday, April 22 2014 8:06 PM EDT2014-04-23 00:06:47 GMT
    The busiest tribal land in the US for oil exploration sits in the heart of the Bakken formation.More than one thousand oil wells on the Fort Berthold Reservation are producing close to 200-thousand barrels of oil every day.And today, the Mandan-Hidatsa-Arikara Nations opened their annual Oil and Gas Summit at the Four Bears Events Center, spotlighting oil development and environmental stewardship.Following a traditional native song and colorful dance, Chairman Tex Hall opened the event by poi...
    The busiest tribal land in the US for oil exploration sits in the heart of the Bakken formation.More than one thousand oil wells on the Fort Berthold Reservation are producing close to 200-thousand barrels of oil every day.And today, the Mandan-Hidatsa-Arikara Nations opened their annual Oil and Gas Summit at the Four Bears Events Center, spotlighting oil development and environmental stewardship.Following a traditional native song and colorful dance, Chairman Tex Hall opened the event by poi...
  • Trucker in Deadly Accident Enters Pleas

    Trucker in Deadly Accident Enters Pleas

    Tuesday, April 22 2014 7:50 PM EDT2014-04-22 23:50:32 GMT
    A truck driver charged with three counts of negligent homicide has pleaded 'not guilty.'A fiery crash east of Stanley last June ended with three men dead.50-year-old Vernon Wright was driving a semi truck and trailer, crossing the westbound lane of Highway 2 during a time of low visibility due to fog.Wright stopped in the westbound lane after the first collision, blocking westbound traffic --- an act prosecution calls a 'gross deviation from acceptable standards of conduct.'Prosecution and de...
    A truck driver charged with three counts of negligent homicide has pleaded 'not guilty.'A fiery crash east of Stanley last June ended with three men dead.50-year-old Vernon Wright was driving a semi truck and trailer, crossing the westbound lane of Highway 2 during a time of low visibility due to fog.Wright stopped in the westbound lane after the first collision, blocking westbound traffic --- an act prosecution calls a 'gross deviation from acceptable standards of conduct.'Prosecution and de...
  • Legislators Discuss Higher Education

    Legislators Discuss Higher Education

    Tuesday, April 22 2014 7:46 PM EDT2014-04-22 23:46:48 GMT
    State spending on higher education in North Dakota continues to rise -- but still, with more state dollars flowing to the institutions, the bill being passed on to students continues to rise.Representative Mark Sanford is the chairman of the legislative Higher Education Funding Committee that met at Minot State today.The Grand Forks Republican says school tuition is always a concern for legislators...But he says the schools that may get the first look when it comes to reigning in tuition may ...
    State spending on higher education in North Dakota continues to rise -- but still, with more state dollars flowing to the institutions, the bill being passed on to students continues to rise.Representative Mark Sanford is the chairman of the legislative Higher Education Funding Committee that met at Minot State today.The Grand Forks Republican says school tuition is always a concern for legislators...But he says the schools that may get the first look when it comes to reigning in tuition may ...
Quick Clicks
Closings/Delays
View list
Calendar
What's happening?
Lottery Results
Feeling lucky?
Viewer Photos
Submit yours!
Road Report
Current conditions
TV Listings
See what's on
Gas Prices
Check near you
E-Mail Newsletter
Signup now

Most Popular

Stories
Videos
loading...
Powered by WorldNow
General information or questions:
kxinfo@kxnet.com

News:
Bismarck:
Phone: 701-223-9197
News Fax: 701-223-1985

News:
Minot:
Phone: 701-852-2104
News Fax: 701-838-1050
All content © Copyright 2000 - 2014 WorldNow and KXNET. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.