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Oil and Gas
North Dakota's oil reserves - known as the Bakken and the Three Forks Formations - have been making headlines for their size and viability. Some reports estimate the Bakken Formation could boost the U.S.'s oil reserves by 10x.
Currently, an average of 218,000 barrels of oil are pumped from wells in North Dakota each day. In 2008, oil production became the #2 industry in North Dakota. The state is currently the fourth largest oil producing state in the U.S.
Gas was first discovered in North Dakota in 1907. Today more of the state's natural gas is a by-product of oil production. More than 92-million cubic feet of natural gas is captured annually in North Dakota.
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