Biofuels Biomass Energy Education/Workforce Training Energy Efficiency Geothermal Hydroelectric Power Hydrogen Lignite Oil & Gas Resources Solar Transmission & Pipelines Tribal Resources Wind Home Home : Energy Development : Oil & Gas Oil & Gas North Dakota is the fourth largest oil producing state, with crude oil production equaling roughly 2 percent of US annual production.  North Dakota is also a significant point of entry for Canadian crude oil traveling by pipeline to markets in the Midwest.  In 2010, oil production and extraction tax revenues generated nearly $749.5 million for the state. North Dakota produces approximately one percent of the annual US natural gas production, the majority of which is transported to market via pipelines.  North Dakota also has the largest source of synthetic natural gas in the United States - Dakota Gasification Company at Beulah.   Refining and Drilling North Dakota is home to one oil refinery located in Mandan near the banks of the Missouri River.  The Tesoro Refinery has a crude oil capacity of 58,000 barrels per day (bpd), with a $35 million planned expansion that will bring the capacity to 68,000 barrels per day (bpd).  Feedstock sources include sweet domestic crude oil from the Williston Basin which is refined to produce gasoline, diesel fuel, jet fuel and other products.   Refinery products are sold into the marketplace via truck, rail and pipeline.  The Tesoro refinery employs an estimated 220 full-time workers in the Bismarck-Mandan area.  Tesoro estimates that the Mandan refinery generates $22 million annually in wages and property taxes in North Dakota. Refineries are being considered in other areas of North Dakota including a proposed 15,000 bpd refinery on the Fort Berthold Indian Reservation and a 50,000 to 100,000 bpd refinery near Williston.  A coal-to-liquids project is also being explored. Approximately 200 oil rigs are currently drilling in North Dakota, with more than 5,000 wells in production across the state.   The Bakken Formation (the largest continuous oil deposit in the nation) was responsible for more than 60 percent of North Dakota's oil production in 2009, generating more than 49 million barrels of oil out of the 79.2 million barrel total produced.   Resources site map | privacy policy | disclaimer   Copyright ©2012 Great Plains Energy Corridor