Oil is nearly $100 a barrel. Don’t expect North Dakota oil activity to ramp up any time soon.

By: Jacob Orledge

Outlets: North Dakota Monitor

Published: March 23, 2026

Words: 986

Last Updated: 2 months, 3 weeks ago

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North Dakota’s oil and gas industry is not expected to significantly increase drilling activity in response to the price surge, a stark departure from the familiar boom-and-bust cycle in the Bakken.

Domestic crude oil pricing benchmarks have been hovering just shy of $100 per barrel. A decade ago that would have prompted a scramble to drill new wells. Instead, activity levels in North Dakota are virtually unchanged as about 25 drilling rigs and …

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