North Dakota oil production heating up

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While most of the country is still mired in a troubled economy, North Dakota is riding an unprecedented boom that has jobs looking for people, rather than the other way around.

“And largely that’s driven by the oil play in what we call the Bakkan Formation,” Lynn Helms, Director of North Dakota Dept. of Natural Resources explains.

“We’re estimating now about 18,000 square miles of western North Dakota, another 6,000 square miles in Montana, Saskatchewan and Manitoba that is mature oil-source rock. It can be drilled up almost (like) an oil-producing factory. We did not drill a single dry hole in the last year-and-a-half,” she said.