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The North Dakota oil boom was the period of rapidly expanding oil extraction from the Bakken Formation in the state of North Dakota that lasted from the discovery of the Parshall Oil Field in 2006, and peaked in 2012, [1] [2] but with substantially less growth noted since 2015 due to a global decline in oil prices.
The Parshall Oil Field is an oil field producing from the Bakken Formation and Three Forks Formation near the town of Parshall, in Mountrail County, North Dakota. The field is in the Williston Basin. The field was discovered in 2006 by Michael Johnson and sold the play to EOG Resources, which drilled, and now operates, most of the wells. [1]
Camps are part of an increasingly significant shift of global human population toward temporary or mobile housing in the 21st century. [1] Use of the term 'man camp' became popular during the Bakken oil boom, which began in 2006, peaked in 2012, and draws large numbers of workers—overwhelmingly men—into western North Dakota, creating a housing shortage. [1]
An oil boom is a period of large inflow of income as a result of high global oil prices or large oil production in an ... North Dakota oil boom (United States, 2008 ...
Prior to the Dakota Access Pipeline, light sweet crude oil from the Bakken Formation was transported mainly by rail during the North Dakota oil boom. [4] [5] Extraction from the area increased from 309,000 barrels a day in 2010 to more than 1 million in 2014, with insufficient pipeline infrastructure to transport the increased extraction. [5]
White Earth is a 2014 documentary film by J. Christian Jensen about new arrivals in White Earth, North Dakota who have moved there to seek work in the North Dakota oil boom. The film explores life in the oil boom through the eyes of four children and an immigrant mother.
Moving the oil out of the area was difficult and expensive though; the boom ended by 1954 and only a small reserve existed locally. The community has been impacted in the 2000s by the North Dakota oil boom which spurred a modest increase in the population. [8]
North Dakota Legacy Fund; North Dakota oil boom; O. ... Texas oil boom This page was last edited on 1 January 2014, at 22:02 (UTC). Text is available under the ...