Tribal Chairman Talks Oil Investments and Development - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Tribal Chairman Talks Oil Investments and Development

Posted:
Tex Hall Tex Hall
Bismarck, ND -

Oil coming out of the ground in the Fort Berthold Reservation accounts for 2% of the production in all of the U.S.

And that number is expected to grow...

About 1400 oil and gas employees and leaders from the Three Affiliated Tribes are at a Tero seminar in Bismarck learning what the development means for them.

"In 2007 the first well was drilled near Parshall. It meant game on. We were sitting on this bakken reserve," says Chairman Tex Hall.

Today 20% of the state's oil comes from within the reservation.

850 wells are producing 175,000 barrels of oil a day.

Chairman Tex Hall says he expect 3,000 wells to be producing 300,000 barrels in the next six years.

The increasing predictions have the tribe looking to expand the refinery they just broke ground on this month.

" We will need a bigger refinery, so look at getting bigger refinery. Doesn't make sense to ship it down the road. There will be less of a footprint to refine it here. We already have a 20,000 barrel facility, it just has to be bigger," says Hall.

The refinery is the first ever tribal refinery to be built in America.

The facility near Makoti is set to be producing fuel in 2015.

In addition, construction has started on a trans loading facility to ship oil on the reservation by train.

Those are only a couple of the investments being made due to the oil activity.

Hall says, "the tribal council passed 2014 budget. New apartment complex in Newtown and one at Four Bears. In addition putting $10 million into tribal housing department. Several million dollars will be added and it will be that way for the next 3-4 years."

But the Three affiliated tribes are also saving and sharing the oil revenues...

Hall says, "we put together a $200 million trust fund and we have a tribal trust fund that's at 50 million now, that will be for tribal projects like to build a hotel and apartments. And we will keep adding to it."

Hall says of the 13,250 tribal members only 4500 landowners directly benefit from the oil activity on the Fort Berthold Reservation.

Hall says his main concern is the time it takes for oil companies to get permits to drill on tribal land.

He says the shutdown was detrimental to activity and many rigs threatened to move into Montana.

Senators Heitkamp and Hoeven have been working with the BLM and BIA to improve the permitting process.

  • Bismarck/Mandan NewsMore>>

  • Around Town: 40 Years of History Comes to Life

    Around Town: 40 Years of History Comes to Life

    The worst kept secret is out. A man with a love for the past and restoration is bringing one legendary restaurant back to life. Steph Scheurer takes us inside 40 years of history in this week's Around
    The worst kept secret is out. A man with a love for the past and restoration is bringing one legendary restaurant back to life. Steph Scheurer takes us inside 40 years of history in this week's Around
  • Teen Girl Shot by 12-Year-Old Boy in Williams County

    Teen Girl Shot by 12-Year-Old Boy in Williams County

    Friday, April 18 2014 1:35 PM EDT2014-04-18 17:35:33 GMT
    A 15-year old is shot by a 12-year-old in Williams County early this morning. Authorities say the shooting appears accidental. The Williams County Sheriff's Department says a 12-year-old boy
    A 15-year old is shot by a 12-year-old in Williams County early this morning. Authorities say the shooting appears accidental. The Williams County Sheriff's Department says a 12-year-old boy
  • Money Awarded for More Grape Wines in ND

    Money Awarded for More Grape Wines in ND

    Friday, April 18 2014 11:10 AM EDT2014-04-18 15:10:16 GMT
    Whether you like it sweet or dry...More local wines could soon be hitting the shelves. 80-thousand dollars in research grants have been awarded to support and promote the state's grape and wine industry. These
    Whether you like it sweet or dry...More local wines could soon be hitting the shelves. 80-thousand dollars in research grants have been awarded to support and promote the state's grape and wine industry. These
  • EnergyMore>>

  • Emergency Order Issued to Killdeer Area Company

    Emergency Order Issued to Killdeer Area Company

    Thursday, April 17 2014 11:41 PM EDT2014-04-18 03:41:51 GMT
    An emergency order is issued to shut down a facility near Killdeer. The State Health Department says the order for Dyad Environmental LLC is a matter of public health and safety.
    An emergency order is issued to shut down a facility near Killdeer. The State Health Department says the order for Dyad Environmental LLC is a matter of public health and safety. The company works
  • Dyad Environmental Statement on Health Dept. Order

    Dyad Environmental Statement on Health Dept. Order

    Thursday, April 17 2014 11:37 PM EDT2014-04-18 03:37:44 GMT
    "Dyad Environmental is a new company, who began processing TENORM less than 30 days after posting a $1.25M bond, and spending two years obtaining appropriate permits and licenses.
    "Dyad Environmental is a new company, who began processing TENORM less than 30 days after posting a $1.25M bond, and spending two years obtaining appropriate permits and licenses.
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.