North Dakota oil industry maturing, study shows

 Mar 06 2019
North Dakota oil industry maturing, study shows

A new economic impact study shows North Dakota’s oil industry is maturing, with more long-term jobs to maintain production and fewer temporary workers.

The oil industry had a $32.6 billion impact on the state’s economy in 2017, according to the study by North Dakota State University researchers.

Dean Bangsund, research scientist with NDSU’s Department of Agribusiness and Applied Economics, highlighted some of his most recent findings at the state Capitol on Tuesday.

Bangsund and his colleague, Nancy Hodur of NDSU’s Center for Social Research, had said during the Bakken boom that communities should expect a shift in their workforce. They projected that North Dakota would have fewer drilling and hydraulic fracturing jobs filled by temporary workers and more jobs in production, transportation and processing of oil and gas.

Read more at https://bismarcktribune.com/bakken/north-dakota-oil-industry-maturing-study-shows/article_0210cfaf-bef4-5d2f-9f0b-05137df5116e.html

Learn how a degree in Petroleum Production Technology can prepare you for many of these long-term careers in the Bakken.