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.
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.
Studies highlight impact of oil and gas industry on North Dakota’s economy, counties
The oil and natural gas industry in North Dakota accounted for more than $40 billion in gross business volume, nearly 60,000 jobs and over $3.8 billion in state and local tax revenues in 2019, according to one of two studies released today that highlight the industry’s substantial impact on North Dakota’s economy.
From fiscal years 2008 to 2020, tax revenues from the oil and gas industry in North Dakota totaled nearly $22 billion, according to a study conducted for the Western Dakota Energy Association and North Dakota Petroleum Council. Those revenues supported $8.2 billion for local communities and infrastructure, nearly $1.6 billion for K-12 education, over $1.2 billion for water and flood control projects, $879 million for local transportation projects, $440 million for property tax relief and $29 million for outdoor heritage projects across the state.
Via the North Dakota Governor's Office: BISMARCK, N.D. – The oil and natural gas industry in North Dakota accounted for more than $40 billion in gross business volume, nearly 60,000 jobs and over $3.8 billion in state and local tax revenues in 2019, according to one...
From fiscal years 2008 to 2020, tax revenues from the oil and gas industry in North Dakota totaled nearly $22 billion, according to a study conducted for the Western Dakota Energy Association and North Dakota Petroleum Council. Those revenues supported $8.2 billion...
VIEW THE ECONOMIC IMPACT STUDY
VIEW THE TAX REVENUE STUDY
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 second-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 $80,000 for conservation and wildlife habitat projects throughout the state. Working with landowners, the Foundation has planted 118,000 trees in just three years. 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 Partners & Sponsors
- Assured Partners Energy
- Continental Resources
- Crescent Point
- Denbury Resources
- Endless Tubing
- EOG Resources
- Grayson Mill Energy
- Hess Corporation
- Iron Oil
- Marathon Oil
- Outrigger Energy
- Petro-Hunt, LLC
- Precise Transport