IN ECONOMIC IMPACT
North Dakota’s oil and gas industry not only supports local businesses and good-paying jobs, it invests in our communities to advance possibilities across the state.
PROTECTING LAND, AIR & WATER
With new technology and practices focused on environmental stewardship, North Dakota is leading the way in sustainable development.
3RD LARGEST OIL PRODUCER
ENHANCING ENERGY SECURITY
As the third-largest oil-producing state, North Dakota is helping make the nation more secure and less dependent on foreign energy.
INNOVATION AND TECH
BECOMING SMARTER AND BETTER
The oil and gas industry is investing millions in developing new technology to make production safer and more environmentally friendly.
$3.4 BILLION IN TAX REVENUES
FUNDING OUR PRIORITIES
The oil and natural gas industry accounts for more than 50% of tax revenues which are funding schools, roads, flood protection, and other quality of life opportunities.
We want things that make our lives better, safer, and more fulfilled. That’s all made possible by oil and natural gas produced here in North Dakota.
INVESTING IN OUR COMMUNITIES
Through several initiatives and program, the North Dakota Petroleum Foundation and its sponsors are giving back through philanthropic donations, programs, and initiatives.
About the Foundation
Promoting best practices in the development of our resources and partnering with others to preserve and build habitat and access to the outdoors.
Providing educational resources about the energy industry to teachers and students, and scholarships to students pursuing a degree in energy.
Fostering opportunities for industry, landowners, state, local and tribal leaders, and others to connect and work together to build stronger communities.
Advancing a better understanding of the industry, the technologies and innovation that drives it and the benefits it provides to our economy and society.
Oil & gas industry proves to be a resilient and stable industry for the state
The oil and natural gas industry in North Dakota accounted for $42.6 billion in gross business volume, nearly 50,000 jobs and over $3.8 billion in state and local tax revenues in 2021.
“The oil and natural gas industry continues to be a game-changer for North Dakota,” Burgum said. “Taxes and royalties paid by the industry support our state’s significant investments in infrastructure, schools, communities, tax relief and the Legacy Fund, among other areas. The industry’s resiliency in the face of challenges such as the pandemic, extreme weather, volatile prices and misguided federal policies, demonstrates that it will continue to play a critically important role in North Dakota’s economy for generations to come.”
North Dakota State University researchers Dean Bangsund and Nancy Hodur studied the economic contribution of oil and gas exploration, extraction, transportation, processing and capital investments to the state in 2021, the most recent data available. Similar studies have been conducted every two years since 2005.
Press Release: Studies underscore oil and gas industry’s significant impact on North Dakota’s economy, communities
FROM THE OFFICE OF THE GOVERNOR: governor.ND.gov BISMARCK, N.D. (MARCH 7, 2023) – The oil and gas industry in North Dakota remains a powerhouse for the state’s economy, accounting for more than $42.6 billion in gross business volume, nearly 50,000 jobs and...
Study: 2021 Economic & Job Contributions of the Oil and Gas Industry
The oil and natural gas industry in North Dakota accounted for $42.6 billion in gross business volume, nearly 50,000 jobs and over $3.8 billion in state and local tax revenues in 2021, according to a study conducted by North Dakota State University Department of...
LEARN MORE ABOUT HOW OIL AND GAS TAXES BENEFIT THE STATE
LEARN HOW OIL AND GAS ARE POWERING NORTH DAKOTA’S ECONOMY
The North Dakota oil and natural gas industry is integral to the growth and progress of North Dakota’s economy and the nation’s energy security. From job creation and economic contributions, to innovation and investment in the community, North Dakota oil and natural gas is creating opportunities and contributing to a strong future for the state and nation.
Oil and gas production helps grow North Dakota’s economy and supports unprecedented opportunities for entrepreneurs and small business owners in all sectors and supports tens of thousands of good-paying jobs and careers.
With new technology and practices focused on environmental stewardship, North Dakota is leading the way in sustainable development, ensuring continued economic growth, while also protecting our state.
As an economic powerhouse, the oil and gas industry contributes billions in state tax revenues, which allows state and local leaders to invest in our communities and advance possibilities across the state.
North Dakota is the nation’s third-largest oil producer, and oil and natural gas found right here in the Williston Basin is enhancing our nation’s energy and national security.
Technology is changing the way we produce and use our abundant energy resources. Together, North Dakota’s universities and the industry are ushering in a new age of innovation and invention.
Through the North Dakota Petroleum Foundation, North Dakota’s oil and gas industry has helped raise and contribute more than $116,000 for conservation and wildlife habitat projects throughout the state. Working with landowners, the Foundation has planted 234,000 trees since 2018. The Foundation and its supporters also continue to partner with the Mule Deer Foundation to rehabilitate and revitalize habitat in western North Dakota for mule deer and other wildlife.
Planting for the Future
Planting for the Future helps build and improve habitat for future generations through large-scale tree plantings.
Teacher Education Seminar
The Teacher Education Seminar brings 50 teachers together to learn more about the oil and gas industry, tour the oilfield and more.
Bakken Rocks CookFest
The Bakken Rocks CookFest is a free festival that includes free food, music, games and activities for kids, and more.
View the Full Calendar
Whether we need equipment, volunteers or sponsorship support for our events, we can always count on help from the North Dakota Petroleum Foundation and its sponsors and supporters. We’re so grateful to have them as Partners in Conservation.
Our Sponsors and Supporters
2023 PREMIER PARTNERS
Our events and efforts aren't possible without the support of our members. Thanks to all our Premier Partners for their sponsorship! Learn more about becoming a Premier Partner here.