North Dakota is home to the Bakken Formation, one of the largest oil fields in the United States. The Bakken Formation is a rock formation that extends across parts of North Dakota, Montana and Canada. It is a significant source of oil production in the region, with most of the oil being produced through hydraulic fracturing and horizontal drilling techniques.
By 2022, North Dakota was the second most oil-producing state in the US, behind Texas.However, oil production in North Dakota has faced challenges in 2023 years, including volatile oil prices, environmental concerns and infrastructure constraints.
The Bakken Formation remains an important part of the U.S. energy landscape and a significant contributor to North Dakota’s economy.
Oil field companies in North Dakota
We have listed the best oil and gas companies in North Dakota.
- Kraken Operating, LLC.
- Hunt Oil Company.
- Burlington Resources Oil & Gas Company LP.
- Continental Resources, Inc.
- Hess Bakken Investments II, LLC.
- Grayson Mill Operating, LLC.
- Crescent Point Energy U.S. Corp.
- Enerplus Resources USA Corporation.
Oilfield jobs in North Dakota
The oil fields in North Dakota provide thousands of jobs. There are jobs for North Dakota all over Dokota, including in the North Dakota oil fields. According to data collected in 2023, an average of 55,900 people work in the oil fields in North Dakota.
The average salary of employees from oil fields in North Dakota are between $65000 and $85000.