Bakken is well positioned to handle increased activity
By Patrick C. Miller, North American Shale Magazine
If—as some have recently predicted—the Bakken shale play is on its last legs, it was difficult to detect based on presentations given during Energy Day at the State Capitol Building in Bismarck, North Dakota, on Tuesday.
Sponsored by the Bakken Backers—a coalition of businesses, leaders, workers and citizens—the event is held every other year during North Dakota’s legislative session to update government leaders on the state of North Dakota’s oil and gas industry.
“Industry has been spending billions of dollars on infrastructure in North Dakota,” said Dean Bangsund, an economist at North Dakota State University who studies the impact of the oil and gas industry on the state. “It bodes well for what industry feels is available to them in North Dakota,” he explained. “I don’t think we’d see this investment if things were going the opposite direction.”