North Dakota Department of Mineral Resources

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Business, Local News, North Dakota News, Politics / Elections

‘A hell of a lot of royalties’: Supreme Court ruling likely to trigger litigation for oil companies

Eric Bolin,

Oil pumpjacks operate in Williams County in September 2024. (Photo by Kyle Martin/For the North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — A recent North Dakota Supreme Court decision could have ripple effects for thousands of oil wells, the mineral owners who receive royalties from them and the oil industry in the state as a whole. The decision voided one order, issued…

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Local News, North Dakota News, Politics / Elections

North Dakota oil production resilient even as prices have declined

KVRR Staff,

A drilling rig is shown near Arnegard, North Dakota, in September 2024. Advancements in drilling technology are helping oil producers stay profitable despite low oil prices. (Photo by Kyle Martin/For the North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — North Dakota’s top oil regulator is pessimistic about oil prices for 2026 but says oil production should hold steady, due in…