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FAQ's

Royalty & Tax
Question
What is the Oil Impact Fund?
Answer

The Oil Impact Fund is a special fund that is managed by the State Land Department. The Fund receives up to six million dollars per biennium to address impact in oil and gas producing areas.
 

Roads, Pipelines, and Electrical Transmission
Question
What is the Oil Impact Fund?
Answer

The Oil Impact Fund is a special fund that is managed by the State Land Department. The Fund receives up to six million dollars per biennium to address impact in oil and gas producing areas.
 

Bakken Basics
Question
What is the difference between upper, lower, and middle Bakken formations?
Answer

The Bakken Formation has three informal members, an upper and a lower black, organic-rich shale, separated by an arenaceous limestone to siltstone.
 

Bakken Basics
Question
What is the API gravity of Bakken crude oil? Explain its relative quality.
Answer

Bakken crude oil gravity ranges from 36 to 44 degrees API. The quality of this oil is excellent, almost identical to WTI. The benchmark crude oil is West Texas Intermediate, which is 40 degrees API sweet crude. It is the benchmark because it requires the least amount of processing in a modern refinery to make the most valuable products, unleaded gasoline and diesel fuel.
 

Mineral Owner Questions
Question
What is Section 38-08-08 of the ND Century Code?
Answer
NDCC 38-08-08 is the statute that defines the process for compulsory pooling and penalties on those who do not participate in the cost and risk of drilling operations. In the absence of voluntary pooling, the Commission, upon the application of any interested person, shall enter an order pooling all interests in the spacing unit for the development and operations thereof.