ND Dept of Mineral Resources Announces Record Gas Capture Numbers
FOR IMMEDIATE RELEASE
November 17, 2020
Bismarck, N.D. – North Dakota oil and gas producers achieved 93% gas capture in September 2020, the North Dakota Department of Mineral Resources announced in their Director’s Cut today.
“Reaching this record gas capture rate of 93% is a significant milestone for our industry and it’s important to acknowledge the hard work and investments that have been made to achieve this goal,” said Ron Ness, President of the North Dakota Petroleum Council. “We have invested almost $20 billion to build more gas gathering and processing infrastructure to achieve our gas capture goals. A great deal of planning and effort has gone into this achievement and I want to commend the state for being a strong partner with industry, especially given the difficulties we have faced this year with the collapse in prices and demand. We look forward to continuing this important work to ensure responsible development of our state’s valuable resources.”
About the North Dakota Petroleum Council
Since 1952, the Petroleum Council has been the primary voice of the oil and gas industry in North Dakota. The Petroleum Council represents more than 700 companies involved in all aspects of the oil and gas industry, including oil and gas production, refining, pipeline, mineral leasing, consulting, legal work, and oil field service activities in North Dakota, South Dakota, and the Rocky Mountain Region. For more information, go to www.ndoil.org.