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WATFORD CITY REAL ESTATE 701-842-4500 WATFORDCITYREALESTATE.COM North Dakota’s Finest Development Opportunity Ideal Opportunity for Investment • Development McKenzie County Watford City, North Dakota CENTER OF THE BAKKEN SHALE PLAY Watford City. The city that re-invests in itself for a brighter future. • Bypass Opens October 2014 • $56 million Community Event Center • $55 million Mckenzie County Healthcare Facility • $50 million Watford City High School • $3.5 million Airport Expansion

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Page 1: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

WATFORD CITY REAL ESTATE 701-842-4500WATFORDCITYREALESTATE.COM

North Dakota’s Finest Development Opportunity

Ideal Opportunity for Investment • Development

McKenzie CountyWatford City, North DakotaCENTER OF THE BAKKEN SHALE PLAY

Watford City.The city that re-investsin itself for a brighter future.• Bypass Opens October 2014

• $56 million Community Event Center

• $55 million Mckenzie County Healthcare Facility

• $50 million Watford City High School

• $3.5 million Airport Expansion

Page 2: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

Divide

Williams

Burke

Mountrail

McKenzie

32.5%

Dunn

Ward

Bottineau

McHenry

McLean

Merces

Oliver

Morton

Grant

Stark

Billings

Slope

GoldenValley

Renville

“There is part of the Bakken and Three Forks

play that has the best rate of return of any of the

other Shale basins in terms of oil and natural gas

production,” states Helms. “It is that area we

always talk about that is in a rectangle from

Watford City to Ray, over to Stanley and down

to Killdeer. Within that area is very high initial

production (I.P.) rates and high rates of return.”

According to Helms, the high I.P. rates within this

rectangle are also the reason why the Industrial

Commission is reporting a slow and gradual

increase in the rig count. In fact, of the 191 drill-

ing rigs that are currently operating in the state,

140 are concentrated within that rectangle.

As of June 2014, McKenzie County is producing 32.5% of all oil coming out of

North Dakota.

The impact of the Bakken is evident throughout

western North Dakota, particularly so in Watford

City. A once quiet community on

the edge of the scenic North

Dakota Badlands used to welcome

visitors to a bit of the Old West.

Now it is renowned for something

else: the epicenter of the Oil

Boom.

The latest numbers for North

Dakota show that McKenzie

County now has a solid hold as

the state’s top oil producing county. Watford

City, the county seat of McKenzie County, is

currently home to more drilling rigs than any

other county. McKenzie County produced

296,083 bopd this April to become the largest oil

producing county in the state. Mountrail County,

the next-closest ranked county in North Dakota,

produced 235,455 bopd in the month of April.

According to the Department of Mineral

Resources, Mountrail County had long held the

position of ground zero for oil development and

a front runner in oil production.

However, since April of 2013 the drilling has

substantially shifted west into the interior of the

Bakken Formation due to the quality and natu-

ral conditions with McKenzie county at

the epicenter.

Extent of the Bakken

Page 3: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

Projected Population Growth*

TABLE TOTAL POPULATION, 2000 TO 2025

Area 2000 2010Change: 2000 to

2010

Projections Change: 2010 to 20252015 2020 2025

Region 1 27,781 30,829 11.0% 50,529 66,938 73,164 137.3%

Divide 2,283 2,071 -9.3% 3,273 4,313 4,948 138.9%

McKenzie 5,787 6,360 10.9% 11,771 15,550 17,110 169.0%

Williams 19,761 22,398 13.3% 35,485 47,075 51,106 128.2%

Williston 12,512 14,716 17.6% 23,481 30,756 32,860 123.3%

*According to the North Dakota Housing Finance Agency in the 2012 Statewide Housing Needs Assessment

Projected Housing Needs*

TABLE TOTAL OCCUPIED HOUSING UNITS, 2000 TO 2025

Area 2000 2010Change: 2000 to

2010

Projections Change: 2010 to 20252015 2020 2025

Region 1 11,251 12,672 12.6% 21,967 30,003 33,844 167.1%

Divide 1,005 1,012 0.7% 1,526 2,058 2,407 137.8%

McKenzie 2,151 2,468 14.7% 4,834 6,585 7,345 197.6%

Williams 8,095 9,192 13.6% 15,607 21,360 24,092 162.1%

Williston 5,297 6,000 13.3% 10,406 14,044 15,536 158.9%

*According to the North Dakota Housing Finance Agency in the 2012 Statewide Housing Needs Assessment

• 25 - 44 year olds - 295% • 45 - 64 year olds - 184% • Ages 65 and older - 141% • Ages 25 and younger - 85%

Increase in Population Breakdown by Age:

Economic envy of the nation.

Move over Hawaii!

North Dakota is now the happiest state in the union. According to Gallup’s annual well being poll released February 20, 2014, North Dakota ranks #1.

Projected Increase In Income Change*

TABLE - NUMBER OF HOUSEHOLDS BY INCOME LEVELS AS A PERCENT OF THE MEDIAN FAMILY INCOME (MFI), 2010-2025

Area

Extremely low: 0-30% MFI (Less than $20,000 in 2010)

Very Low: 31-50% MFI ($20,000 to $29,999 in 2010)

Low Income: 51-80% MFI ($30,000 to $49,999 in 2010)

Moderate 81-115% MFI ($50,000 to $74,999 in 2010)

Upper Above 115% MFI ($75,000 or more in 2010)

2010 2025%

Change2010 2025

% Change

2010 2025%

Change2010 2025

% Change

2010 2025%

Change

Region 1 2,082 5 ,173 148.5% 1,275 3,327 160.9% 2,627 6,942 164.3% 2,638 7,308 177.0% 4,050 11,093 173.9%

Divide 216 529 144.9% 112 276 146.4% 212 507 139.2% 179 408 127.9% 293 687 134.5%

McKenzie 444 1,176 164.9% 278 802 188.5% 557 1,659 197.8% 552 1,747 216.5% 637 1,961 207.8%

Williams 1,422 3,468 143.9% 885 2,249 154.1% 1,858 4,776 157.1% 1,907 5,153 170.2% 3,120 8,445 170.7%

Williston 977 2,323 137.8% 560 1,401 150.2% 1,292 3,287 154.4% 1,193 3,255 172.8% 1,978 5,271 166.5%

*According to the North Dakota Housing Finance Agency in the 2012 Statewide Housing Needs Assessment

North Dakota’s leaders like to refer to their state as the economic envy of the nation, and the numbers seem to back them up. According to the most recent personal income report from the Federal Bureau of Economic Analysis, the oil-rich plains state is once again leading the

nation in personal income growth. This marks the sixth time in the past seven years North Dakota has had the fastest personal income growth in the nation. The state now ranks third in the nation in per capita personal income.

Page 4: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

McKenzie County’s population will experience the most growth in the state tripling in size over the next 15 years.Recently, four analysts have re-evaluated the

future of the Bakken and Three Forks shale play.

Experts say in the McKenzie, Divide and Williams

county area, the industry will continue to grow

through 2039. Indications show a bright future.

• 14,000 more jobs through 2039

• 14,000 more permanent housing units

• 30,000 more people to come to the area

According to Lynn Helms, the Department of

Mineral Resources director, the Bakken and Three

Forks play are now estimated to hold 10 to 14

billion barrels of recoverable oil. Continental

Resources, one of the largest lease holders in the

state, believes the total is closer to 32 to 36 billion

barrels. With the evolution of fracking technology

and drilling production going deeper into the

Three Forks shale, it is expected that results will

show an increase of 57% more oil production.

Projected Employment Figures*

Employment Figures and Projects for Oil-Impacted Counties in North Dakota, 2000 to 2036*

140,000

120,000

100,000

80,000

60,000

40,000

20,000

0

20

00

20

03

20

06

20

09

20

12

20

15

20

18

20

21

20

24

20

27

20

30

20

33

20

36

TotalEmployment

PermanentEmployment

TemporaryEmployment

*North Dakota State University Department of Agribusiness and Applied Economics

NorthDakota has been

riding a wave of aggressive energy development starting in 2006 when oil discovered in the Parshall Oil Field set

off what is widely called the Bakken Oil Boom.

How long will it la

st?

The Bakken and emerging Three Forks formations in

North Dakota and eastern Montana stand out from

other shale areas for a host of reasons. For starters,

the formations have a large amount of relatively

more profitable oil reserves, as opposed to gas

reserves. The Bakken region also had a moder-

ately small pre-boom population work force and

little oil /gas infrastructure. As oil drilling and

production has increased, it’s generated a high

fraction of well-paid employment in oil and gas

related activities compared with other shale

areas, thus helping to drive unemployment

rates down and average wages up.

In 2011, projections estimated 30,000 to

35,000 wells. The latest projections indicate

total wells in the region to be as high as

40,000 to 50,000 wells. The pattern here is

the well count numbers are going up, not

down. Though the size and shape of the

energy play will likely change with time,

the western part of the state will be likely

feeling the effects of the energy play for

the next 25+ years!

Invest in the Bakken.

Page 5: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

In 2014, an average of

24,012 jobswere supported by oil and gas extraction

and direct support activities in North Dakota.

=20 20 20 20 20 20

Each drilling rig results in about 120 direct and indirect jobs.

200

180

140

100

60

20

2006 2007 2008 2009 2010 2011 2012 2013

193 rigson average operated in North Dakota in 2013. The drilling rig count is a prime barometer for measuring new oil and gas activity. The all-time high was 218 rigs on May 29, 2012.Statistics provided by American Petroleum Institute, Job Services ND, ND Department of Mineral

Resources, ND Pipeline Authority, ND State Land Department, Office of State Tax Commissioner, US Forest Service, Energy Information Service, Energy Information Administration, Information compiled by North Dakota Petroleum Council. northdakotaoilcan.com

countyMcKenzie

McKenzie County Economic Development

McKenzie County has many resources to help you find financing, a building, available labor or transportation. The County Job Development Authority was established to promote primary sector business development. The JDA works with the Watford City Economic Development Corporation to identify and assist new and expanding business. The JDA also works closely with the Small Business Development Center, which is open to help new and existing busi-ness owners with all facets of owning and operating businesses. That includes business plans, cash flows, loan preparations, research and many other small business items.

Interested in starting a business in McKenzie County?

If you’re a housing developer, please see information at: http://ccondev.mckenziecounty.net where you can find rules and regulations about developing housing in McKenzie County and how to get an application for the JDA.

Gene Veeder Office: 701-444-2804 [email protected]

McKenzie County Oil Industry Jobs

Prod Jobs Gathering Jobs Fracking Jobs Drilling Jobs

It’s what’s beyond the horizonthat may surprise you...

Page 6: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

Watford City is re-investing in itself.

Watford City High School

Over Ninety percent of voters overwhelmingly said yes to a bond measure, which means the McKenzie County School District can proceed with financing a $50 million high school to house grades 7-12. The new high school that broke ground on July 24, 2014 and is scheduled to be complete in 2015, and will have a capacity of 800 students. School enrollment in Watford City has doubled since 2010.

McKenzie County Healthcare System (MCHS) began construction June 2014 on a new $55 million medical facility.

Medical Facility

Watford City Developments RESIDENTIAL

MIXED

COMMERCIAL

LIGHT INDUSTRIAL

1 Stenehjem Commons

2 Fox Hills Estates

3 Fox Hills Village

4 Rolling Hills

5 Coltown West

6 Coltown East

7 Triton Main Street

8 The Crossings

9 Hunters Run

10 Watford City Town Center

11 South Park Commercial

12 Watford Square

13 Countryside Estates

14 Emerald Ridge

15 The Highlands

16 Madison Heights

17 Pheasant Ridge

18 Dakota Ridge

19 Bison Run

20 Watford Landing

21 GTI Industrial Park

22 Buffalo Hills

23 Tara Estates

24 The Homestead

25 Johnson’s Landing

CONCOURSE

VEST. HOCKEY LOBBY

WORK RM

CONF

OFFICES

STORAGE

CONF

CONVENTION

SEATING

CONCESSIONS

WOMENSMENS

ADMINISTRATIONRECEPTION

CONCOURSE/WALKINGTRACK

POOL VIEWING

SEATING

2,700 TOTALBASKETBALL SEATING

425 SEATS

1000 SEATS

CONCOURSE

TICK

ETS

ROOFAREA

JANITORCLOSET

CANOPY ABOVE

CANOPY ABOVE

DN

UP

DN

UP

CONCESSION

(850

'/LAP

)

BANQUET SEATING: 400ASSEMBLY SEATING: 1200

MAIN RINKPRACTICE RINK FIELDHOUSE

SUITE LEVEL ABOVEOPEN TOBELOW

OPEN TOBELOW

COMPETITION/LEISURE POOL

WOR

K ST

ATIO

NS

SUITES

N

SUITE LEVEL

0' 20' 40'

14Golf

Course

17

23

1

25

10

2424

8

13

5acres

FOR SALE

commercial

WATFORD CITY REALTY © 2014

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1918

3

22

21

11

15

12

345acresfor sale

85

85

23 23 23

1806

1806

23

85

85

85

20

12th St SE

125th Ave NW

Main St N

30th Ave NE

32nd Street

14th St SW

11th Ave SW 11th Ave SE

24th Ave SW

128th Ave NW

16

5 67

24

Find us at329 North Main Street

Watford City, ND58854

Location of new $50 million high school and $56 million community event center.

Watford City

McKenzie County

NEW BYPASS

WATFORD CITY ETA

The Watford City Municipal Airport is reportedly receiving five times more air traffic than what it was three years ago. This year, the airport board began two major projects. They also began the construction to expand the parking apron and build a new airport terminal for roughly $3.5 million. A long term plan has been established to update and expand the airport to accommo-date more traffic and larger planes.

Location of new $4.7 million Child Day Care facility. It’s the largest in North Dakota.

NEW BYPASS

Page 7: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

More oil than Saudi ArabiaThe economy is in overdrive, thanks

to the oil boom that has transformed

the state over a few short years

creating an unprecedented growth

in the region. The increase in drill-

ing activity in the Bakken has led to

robust growth in oil and natural gas

production.

North Dakota’s oil production in-

creased about 10-fold since 2001,

and the state is now the second larg-

est oil producer in the United States

after Texas. Using a geology-based

assessment methodology, the U.S.

Geological Survey estimated mean

undiscovered volumes of 7.4 billion

barrels of oil, 6.7 trillion cubic feet of

associated/dissolved natural gas

and 0.53 billion barrels of natural

gas liquids in the Bakken and Three

Forks Formations in the Williston

Basin Province of Montana, North

Dakota and South Dakota. New oil

technologies and techniques have

contributed to the area’s explosive

growth. Horizontal drilling is utilized

to traverse through different pock-

ets of oil and gas reserves so as to

increase the rate of success when

drilling development wells. Fracking

technology is also being utilized to

increase production over a shorter

period of time, thereby significantly

reducing the wells’ operating costs.

The Tesoro refinery in Mandan, North Dakota has a daily capacity of 68,000 barrels. A diesel refinery is being constructed near South Heart, North Dakota that will process 20,000 barrels of Bakken crude oil per day. When completed in late 2014, it will be the first refinery built since 1977.

Advanced fracking technology developed in North Dakota.

Statistics provided by American Petroleum Institute, Job Services ND, ND Department of Mineral Resources, ND Pipeline Authority, ND State Land Department, Office of State Tax Commissioner, US Forest Service, Energy Information Administration, Information compiled by North Dakota Petroleum Council. northdakotaoilcan.com

Page 8: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

ONEOK to invest over $7 billion in new gas production through 2016.

ONEOK Partners (#219 Fortune 500 list) plans

to build its sixth natural gas processing plant.

The Lonesome Creek plant, to be built in McK-

enzie County, will be capable of processing 200

million cubic feet of natural gas per day. The

plant and related gas gathering infrastructure

will cost between $550 million and $680 million

to build. The plant is expected to be completed

by the end of 2015. It will be ONEOK Partners’

largest plant with a capacity double that of any

of its largest existing plants and will increase the

company’s total natural gas processing capacity

in the basin to about 800 million cubic feet per

day. Other plants in McKenzie County that are in

development include the Garden Creek III plant,

a 100 MMcf/d natural gas processing plant due to

be completed first quarter 2015. Also in develop-

ment is the Demicks Lake plant. ONEOK Partners

LP plans to invest up to $785 million to build this

200-million cubic-feet-per-day natural gas-pro-

cessing plant. ONEOK expects to complete this

plant by the end of the third quarter in 2016.

Natural Gas is a byproduct of oil;

production of natural gas in the state is expected

to increase over the next15 to 20 years

paralleling the oil production.

2013, North Dakota produced

of natural gas and sold 232 billion cubic feet of natural gas.

346BILLION CUBIC FEET

April 2014,North Dakota produced

1,001,149 barrels of oil and1,133,742 cubic feet

of natural gas per day.

22GAS PLANTS operate in North Dakota with enough

capacity to process 1.3 billion cubic feet per day of natural gas.

Statistics provided by American Petroleum Institute, Job Services ND, ND Department of Mineral Resources, ND Pipeline Authority, ND State Land Department, Office of State Tax Commissioner, US Forest Service, Energy Information Administration, Information compiled by North Dakota Petroleum Council. northdakotaoilcan.com

Page 9: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

Propelled by a massive energy boom, North Dakota once again captured the title of the nation’s hottest

economy and fastest growing state, with a growth rate five times the national average, according to a recent report from the Commerce Department. Attracted by

six-figure salaries and an unemployment rate below 3%, workers from across the country continue to flock to the Bakken Shale region in the northwest part of the state.

Third year in a row North Dakota

takes the top spot.

A new recruiting campaign called “Find the Good Life in North Dakota,” just rolled out this summer in 2014. The North Dakota Economic Development Foundation’s aim is to fill more than 25,000+ jobs -- ranging from truck drivers and oilfield workers to receptionists and food servers. North Dakota has been struggling to attract enough qualified people to work extracting oil from the state’s reserves.

The ad campaign, which targets states with high and persistent unemployment, “emphasized the career opportunities available in North Dakota and promoted the things that make

the state a great place to live, work and raise a family.”

North Dakotainvests in mediacampaign todraw permanentresidents.

Page 10: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

InformationDirectoryBUSINESS McKenzie County Economic Development & JDA 701-444-2804 201 5th Street NW Watford City

North Dakota Small Business Development Center Williston State College 701-774-4279 Williston, ND

EMPLOYMENT Job Service, ND 800-247-0989 www.jobsnd.com

WORKFORCE TRAINING Train ND 866-938-6963 www.trainnd.com

Petroleum Safety & Tech Center 701-572-2834 www.wsc.nodak.edu/workforce

RESOURCES Watford City Post Office 701-842-2213 212 2nd Street NE Watford City

All mail delivery in Watford City is via PO Box. Contact Post Office for a box number assignment and key. Rural routes have rural mail carriers.

The Mail Masters701-842-6441204 North Main StreetWatford Citywww.themailmasters.com

McKenzie County Farmer701-842-23S1PO Box 587Watford City, NO 58854www.watfordcitynd.com

Plains Reporter701-572-2165P.O. Box 1447Williston, ND 58802

The Roundup800-749-3306P.O. Box 1207Sidney, MT [email protected]

The Shopper701-572-4851www.theshopperinc.net

TITLE/INSURANCEND Guaranty & Title Co.701-842-3366 229 N. Main StreetWatford City

PRODUCTS/SERVICESMohave Engineering Assoc, Inc.228 N. Main StreetWatford City, ND701-204-0691

FACILITIESWatford City Civic Center701-444-2533 112 2nd Avenue NE

McKenzie County Multi-Pur-pose Building & Fairgrounds701-675-2330701-675-2016701-842-2333

McKenzie County Public Library Veteran’s Memorial Building701-444-3785 112 2nd Avenue NE

Veteran’s Memorial Building701-444-2533 112 2nd Avenue NEWatford City

EMERGENCY*for emergencies dial 91 1

Medical/AmbulanceMcKenzie County HealthcareSystems701-842-3000516 N Main StreetWatford Citywww.mckenziehealth.com

AUTOMOBILE REGISTRATIONMotor Vehicle Branch701-444-3457 Ext. 281201 5th St NWWatford City, ND

Nonresidents gainfully employed in this state and driving vehicles that are not registered with the state of North Dakota are subject to temporary registration for a minimum of 6 months.

Temporary registration includes car, pickup, truck, ractor, travel, commercial trailer, and motor-cycle. You may register at the Watford City Motor Vehicle Branch or online at: https://se-cure.apps.state.nd.us/dot/mv/mvrenewal/tempRegWelcome

TRANSPORTATIONBUS SERVICENorthwest Dakota Public Transit888-681-2976

Public and handicappeddoor to door service701-577-6753701-842-3760 18 Main StreetWilliston, NDServing McKenzie, Williamsand Divide Counties

RAILAmtrack800-872-7245www.amtrak.comNearest service location from Watford City is Williston (5O miles NW). Operates daily between Portland, Seattle and Chicago.

AIR Sloulin Field International Airport 701-774-8594 (5O miles NW of Watford city) Hwy 2 and Hwy 85 N Williston, ND 58801 Williston provides Delta/United non-stop jet service to Denver, Minneapolis & Houston.

Sidney-Richland Airport (55 miles SW of Watford City) 406-433-2415 540 Airport Road Sidney, MT 59270 www.richland.org/airport Sidney provides Cape-Air non-stop flights to Billings.

Dickinson Theodore Roosevelt Regional Airport (88 miles SE of Watford City) 701-483-1062 11120 42nd Street SW Dickinson, ND 58601 www.dickinsonairport.comDickinson provides Delta/

United non-stop jet service to Denver, Minneapolis. Great Lakes Airways to Denver.

Watford City Municipal Airport 701-770-7171701-570-2646

Minot International Airport (120 miles NE of Watford City) 25 Airport Road Minot, ND 58703

RECREATIONWatford City Municipal Golf Course 2 miles E on Hwy 23 701-842-2077

UTILITIES Montana Dakota Utilities (MDU) (In Watford City) 800-638-3278www.montana-dakota.com

McKenzie Electric CO-OP (REC) (Outside Watford City) 701-444-9288 www.mckenzieelectric.com

City of Watford City 701-444-2533 213 2nd Street NE Watford City, ND

McKenzie County Landfill 701-583-3445 Hwy 85

Reservation Telephone CO-OP(RTC) (Watford City) 701-862-3115888-862-3115 www.reservationtelephone.com

DirectTV 800-280-4388www.directtv.com

Dish Network 800-668-6071 www.accessdishtvsource.com

HOSPITALS & CLINICS McKenzie County Memorial Hospital701-842-3000 516 N Main StreetWatford City www.mckenziehealth.com

McKenzie County Clinic 701-842-3771 525 N Main Street Watford City

Anova Clinic701-842-6400 301 12th Street SEWatford City

Maisey Dental Clinic701-842-4474109 5th Street SWWatford City

Joy Dental Design701-842-6197

Nordby Vision Center701-444-3221109 5th StreetWatford City

Trauger Chiropractic Center701-842-2917105 2nd Avenue NEWatford City

Badlands Occupational TestingServices701-842-2326105 Main Street SWatford City

Barrett Pharmacy701-842-3311 145 N Main StreetWatford City

Larsen Service Drug, Inc.701-444-2410 244 N Main StreetWatford Citywww.larsenservicedrug.com

REAL ESTATEWatford City Real Estate701-842-4500 329 N Main StreetWatford Citywww.watfordcityrealestate.com

Invest in a high-end employee housingfacility in the heart of the Bakken!

• 64 units: 36 duplexes, 18 Single Family

Homes, 10 Plex

• 100% occupancy!

• 17 Acre Site

701-842-4500 WATFORDCITYREALESTATE.COM

Page 11: McKenzie County - Watford City Real · PDF fileIdeal Opportunity for Investment • Development McKenzie County Watford City, ... The drilling rig count is a prime barometer for measuring

The North Dakota Petroleum Council reported the state’s oil production surpassed 1 million barrels per day in April of 2014. This put North Dakota in an exclusive group of only a few countries, states, provinces and oilfields to do so. The production report states that North Dakota produced 1,092,617 barrels of oil per day and 1,253,154 MCF of natural gas per day. McKenzie County not only led the state in production, it accounted for 32.5% of the state’s total natural gas production. In June, McKenzie County produced 10,665,261 total barrels of oil and 15,628,542 total MCF of natural gas. The state also caught up on well completionsby June. A total of 11,287 wells were in production by July 2014, up from 10,023 in November of last year. McKenzie County alone contains nearly 25% of all working wells in North Dakota.

Oil production surpasses 1 million barrel mark.

The Bakken produces more crude oil than any other unconventional play in the world.

Call for details on this outstanding Investment Opportunity701-842-4500 watfordcityrealestate.com