Facing oil patch slowdown, North Dakota regulators revive COVID-era drilling waiver
With oil prices stuck well below last year’s levels, North Dakota regulators are giving drillers more time to wait out the market. A new order extends the window for bringing newly drilled wells into production—buying companies an extra year, or until 2027 spring load limits are lifted. The move aims to keep rigs and crews in-state, avoiding a repeat of pandemic-era slowdowns. It’s a calculated pause, not a shutdown, as leaders weigh short-term losses against long-term gains in a volatile global energy landscape. Joey Harris with Bismarck Tribune has the full story.
MinotVoice
MinotVoice authorship is an amalgamation of source material and local context. It is created with a human touch and an occasional AI assist. When licensing allows or content is provided as a news release, that content is also published under MinotVoice authorship and properly attributed within the article.
Subscribe!
It's free and it helps us grow and provide better information ForMinot!
Comments
Register or log in to join the conversation.